Temporary Corporate Credit Union Stabilization Fund (Stabilization Fund)
Banking
A borrowing facility and assessment authority, authorized under the 2009 Helping Families Save Their Homes Act, to allow the NCUA Board the ability to segregate costs associated with stabilizing the corporate credit union system. Segregating the costs into one fund improves the transparency of NCUA's stabilization actions and allows natural person credit unions to pay for the costs of stabilizing the corporate credit union system over time.
- — Corporate System Resolution Costs Glossary retrieved 2014-05-27