# ASC 325-942-25: Investments—Other — Financial Services—Depository and Lending — 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/325/942/#25-recognition)

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## ASC 325-942-25: 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/325/942/#25-recognition)

SEC content: no

#### Federal Home Loan Bank or Federal Reserve Bank Stock

##### [325-942-25-1](https://asc.understandingaccounting.org/asc/325/942/#325-942-25-1)

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Federal Home Loan Bank and Federal Reserve Bank stock shall be classified as a restricted investment security.

#### Regular-Way Securities

##### [325-942-25-2](https://asc.understandingaccounting.org/asc/325/942/#325-942-25-2)

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Regular-way purchases and sales of securities shall be recorded on the trade date. Gains and losses from regular-way security sales or disposals shall be recognized as of the trade date in the statement of operations for the period in which securities are sold or otherwise disposed of. See paragraph [815-10-15-15](https://asc.understandingaccounting.org/asc/815/10/#815-10-15-15) for a definition of regular-way security trades.

#### National Credit Union Share Insurance Fund Deposits

##### [325-942-25-3](https://asc.understandingaccounting.org/asc/325/942/#325-942-25-3)

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For credit unions and corporate credit unions, amounts deposited with the National Credit Union Share Insurance Fund shall be accounted for and reported as assets as long as such amounts are fully refundable.

#### Exchange Memberships

##### [325-942-25-4](https://asc.understandingaccounting.org/asc/325/942/#325-942-25-4)

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Section 940-340-25 provides guidance for recognition of exchange memberships.