Trust Accounts

91-1112 / December 1991
Trust Accounts

December 2, 1991

Jeanne Carlisle
Member Services
MOCSE Federal Credit Union
3600 Coffee Road
Modesto, CA 95355

Re: Trust Accounts (Your Letter of November 4, 1991)

Dear Ms. Carlisle:

You have requested an opinion letter describing the share insurance available for a medical benefit fund in trust for school employees, who are the beneficiaries of the trust. Your letter does not contain any further facts regarding the account. Without further facts regarding the trust we do not have sufficient information to adequately respond to your request. However, we have enclosed several letters concerning various trust accounts, which may be of some assistance to you in determining National Credit Union Share Insurance Fund coverage of trust accounts.


Hattie M. Ulan
Associate General Counsel


SSIC 7000


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