United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office General Government Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1994-10-06 monographic deposited born digital GA 1.13:T-GGD-95-15 https://www.govinfo.gov/app/details/GAOREPORTS-T-GGD-95-15 P0b002ee1803795d1 f:tgg95015 DGPO 2010-08-12 2011-03-28 GAOREPORTS-T-GGD-95-15 machine generated eng fdlp REPORT GAOREPORTS-T-GGD-95-15 T-GGD-95-15 Financial institutions Credit unions Regulatory agencies Risk management Bank management Insured commercial banks Financial management Investments Banking regulation Losses NCUA Share Insurance Fund Testimony GGD Thousands of insured credit unions have placed about $30 billion--a substantial part of their unloaned deposits--in the 44 corporate credit unions for investment purposes. This concentration of credit union assets represents a large potential risk to the National Credit Union Share Insurance Fund, so the safe and sound operation of corporate credit unions is a necessity. This testimony highlights the combined financial condition of these institutions, their investment policies and practices, and current issues they are facing. GAO also discusses potential problems that could affect the financial health of the corporate credit unions, the credit union industry, and the Insurance Fund. https://www.govinfo.gov/content/pkg/GAOREPORTS-T-GGD-95-15/html/GAOREPORTS-T-GGD-95-15.htm GAO/T-GGD-95-15 https://www.govinfo.gov/app/details/GAOREPORTS-T-GGD-95-15 Testimony GAO/T-GGD-95-15; Corporate Credit Unions: Condition, Issues, and Concerns; Financial institutions Credit unions Regulatory agencies Risk management Bank management Insured commercial banks Financial management Investments Banking regulation Losses NCUA Share Insurance Fund