NCUA to Host June 18 Flood Insurance Webinar

The National Credit Union Administration (NCUA), along with four other federal agencies, is hosting a Flood Insurance webinar June 18 that will discuss updates to the flood insurance rule. Online registration is open. 

The webinar is scheduled to begin at 2 p.m. EDT and will run approximately one hour. Participants will be able to log into the webinar and view it on mobile devices using the registration link.

Staff from the NCUA, the Board of Governors of the Federal Reserve System, the Farm Credit Administration, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency will cover topics including:

  • Mandatory acceptance of private flood insurance,
  • Mandatory acceptance compliance aid,
  • Discretionary acceptance of private flood insurance,
  • Flood coverage provided by mutual aid societies, and
  • Recommended preparations for compliance with the new rule.

A question-and-answer session will follow the presentation. Participants also may submit questions in advance at fedwebinar@sf.frb.org. Credit unions may wish to review the NCUA’s online flood insurance resources.