# 12 CFR § 745.0: Scope

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-745.0

## Section

- **Citation:** 12 CFR § 745.0
- **Heading:** Scope
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION > SUBCHAPTER A—REGULATIONS AFFECTING CREDIT UNIONS > PART 745—SHARE INSURANCE AND APPENDIX > Subpart A—Clarification and Definition of Account Insurance Coverage

## Text

Link to an amendment published at 89 FR 79414, Sept. 30, 2024.
The regulation and appendix contained in this part describe the insurance coverage of various types of member accounts. In general, all types of member share accounts received by the credit union in its usual course of business, including regular shares, share certificates, and share draft accounts, represent equity and are insured. For the purposes of applying the rules in this part, it is presumed that the owner of funds in an account is an insured credit union member or otherwise eligible to maintain an insured account in a credit union. These rules do not extend insurance coverage to persons not entitled to maintain an insured account or to account relationships that have not been approved by the Board as an insured account. Where there are multiple owners of a single account, generally only that part which is allocable to the member(s) is insured.

## Nearby sections

- [12 CFR § 745.0 § 745.0 Scope.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.0.md)
- [12 CFR § 745.1 § 745.1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.1.md)
- [12 CFR § 745.2 § 745.2 General principles applicable in determining insurance of accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.2.md)
- [12 CFR § 745.3 § 745.3 Single ownership accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.3.md)
- [12 CFR § 745.4 § 745.4 Revocable trust accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.4.md)
- [12 CFR § 745.5 § 745.5 Accounts held by executors or administrators.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.5.md)
- [12 CFR § 745.6 § 745.6 Accounts held by a corporation, partnership, or unincorporated association.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.6.md)
- [12 CFR § 745.7 § 745.7 Shares accepted in a foreign currency.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.7.md)
- [12 CFR § 745.8 § 745.8 Joint ownership accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.8.md)
- [12 CFR § 745.9-1 § 745.9-1 Trust accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.9-1.md)
- [12 CFR § 745.9-2 § 745.9-2 Retirement and other employee benefit plan accounts.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.9-2.md)
- [12 CFR § 745.10 § 745.10 Accounts held by government depositors.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.10.md)
- [12 CFR § 745.11 § 745.11 Accounts evidenced by negotiable instruments.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.11.md)
- [12 CFR § 745.12 § 745.12 Account obligations for payment of items forwarded for collection by depository institution acting as agent.](https://www.frixlaw.com/law-library/statutes/ecfr-12-745.12.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-745.0. Check the current official text before relying on it. Not legal advice.