Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Exchange Breaks Down NCUA Assessment News
WASHINGTON (11/22/13)--In the latest edition of Inside Exchange, Credit Union National Association Chief Economist Bill Hampel discusses with Paul Gentile, CUNA's executive vice president of communications, the impact of the National Credit Union Administration's decision to hold the Temporary Corporate Credit Union Stabilization Fund (TCCUSF) assessment range at zero for 2014.



"The assessments are behind us," Hampel said. And what about a rebate? While he advised credit unions "don't count on it too soon," a rebate should be recognized when the TCCUSF expires around the end of the decade.

The assessment range was announced at Thursday's open board meeting. (See News Now story: No TCCUSF Assessment In 2014.)
Other Resources

CUNA Inside Exchange
RSS print
News Now LiveWire
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
7 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
8 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
8 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
9 hours ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
10 hours ago