ALEXANDRIA, Va. (1/14/11)--The National Credit Union Share Insurance Fund’s (NCUSIF) reserve balance currently stands at over $1.26 billion after the National Credit Union Administration (NCUA) last month transferred $54.8 million from the NCUSIF to its reserves as an insurance loss expense. Charges to the NCUSIF’s reserves related to natural person credit union failures totaled $7.8 million during the same month. The NCUA recognized a total of $317.2 million in those charges during 2010. The NCUSIF’s equity ratio declined from 1.29% in November to 1.28% as of the end of December, and NCUA staff noted that the 1.28% ratio’s calculation includes funds related to the NCUSIF capitalization deposit that have not yet been collected by the agency. Combined, insured shares in CAMEL 3, 4, and 5 credit unions represented 23.18% of insured shares during December, NCUA staff reported. The NCUA’s staff reported that there are currently 368 CAMEL 4 and 5 credit unions, representing just over 5% of the amount of total insured shares in the credit union system. The percentage of shares held in CAMEL 4 and 5 credit unions peaked at 6.2% in May. There are currently 1,827 CAMEL 3 credit unions, representing 18.1% of total insured shares, NCUA staff said. The agency reported 1,668 CAMEL 3 credit unions in December of 2009 and 1,792 in November of 2010.