ALEXANDRIA, Va. — The NCUSIF has $7.8 billion in assets and a strong equity ratio, but the increase in the number of credit unions experiencing difficulties is placing some strains on the fund, NCUA Chief Financial Officer Mary Ann Woodson told the board last Thursday.

The agency has $128 million in its reserve accounts–of which $103 million is unallocated reserves–to pay out claims in the case of credit union failures.

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