09-EF-14: NCUA: Display of Official Sign; Temporary Increase in Standard Maximum Share Insurance Amount; Coverage for Mortgage Servicing Accounts; Share Insurance for Revocable Trust Accounts

The Emergency Economic Stabilization Act of 2008 temporarily increased the SMSIA from $100,000 to $250,000, effective October 3, 2008 and ending December 31, 2009. Pub. L. No. 110–343 (October 3, 2008). On October 15, 2008, NCUA adopted an interim final rule amending its share insurance regulations to reflect this temporary increase. On May 20, 2009, President Obama signed the Helping Families Save Their Homes Act of 2009, which extended the temporary increase from December 31, 2009 to December 31, 2013. Pub. L. No. 111-22 (May 20, 2009). By law, after December 31, 2013, the SMSIA will return to $100,000.