Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Stabilization Fund fee expected to be on August NCUA agenda
ALEXANDRIA. Va. (7/7/11)—As mentioned in the July 5 issue of News Now, the National Credit Union Administration (NCUA) announced last week it is setting aside its longstanding practice of omitting an August meeting from its monthly open board meeting schedule and will hold a special meeting on Aug. 29. The agency board members are expected to discuss the Temporary Corporate Credit Union Stabilization Fund (TCCUSF) assessment that will be applied to credit unions for the year. The meeting is scheduled for 1 p.m. (ET). The TCCUSF, established in 2009, covers corporate stabilization-related expenses. In 2010, telling credit unions that the agency is "very mindful of the effect" that assessments have on their balance sheets, the NCUA separated the assessment related to National Credit Union Share Insurance Fund costs associated with problem natural person credit unions and those associated with NCUA's Corporate Stabilization Fund. The action was intended to improve the transparency of NCUA's assessment process and to improve the accuracy of credit unions' budget estimates.


RSS





print
News Now LiveWire
Record # of applicants for Crash the GAC means every state & D.C. will B represented by young #CU professional at #CUNAGAC #crashthegac15
6 hours ago
.@WOCCU and @CUNA are co-hosting 2015 America’s CU Conference July 12-15 in Denver. Registration is open here: http://t.co/FanFeaO0bC
6 hours ago
Recording of @CUNA Jan. 26 #rbc2 webinar is now available online here: http://t.co/jgxkd65Fj0 Just sign in and listen.
7 hours ago
.@SEC_News 2/19 proxy voting roundtable: contested director elections, increasing retail shareholder participation http://t.co/8k0p6ZvNL8
7 hours ago
.@TheNCUA posted resources 2 help consumers protect themselves,take action if they believe they were ID theft victims:http://t.co/HVaikbuT9H
8 hours ago