This release applies to all credit unions, state and federal.
Under NCUA Rules & Regulations Part 748, each credit union must develop a written security program within 90 days of the effective date of federal share insurance. The security program must be designed to protect each credit union office from robberies, burglaries, larcenies and embezzlement; to prevent destruction of vital records as defined in the Accounting Manual for Federal Credit Unions; and to assist in the identification of persons who commit or attempt such crimes.