12 C.F.R. § 713.3 What bond coverage must a credit union have?
Title 12 - Banks and Banking
At a minimum, your bond coverage must: (a) Be purchased in an individual policy from a company holding a certificate of authority from the Secretary of the Treasury; and (b) Include fidelity bonds that cover fraud and dishonesty by all employees, directors, officers, supervisory committee members, and credit committee members.
Title 12: Banks and Banking
PART 713—FIDELITY BOND AND INSURANCE COVERAGE FOR FEDERAL CREDIT UNIONS
§ 713.3 What bond coverage must a credit union have?
