Search
 

On-Site Coverage: NCUA's Love Outlines NCUSIF Assessment Recommendations

ALEXANDRIA, Va. -- Industry health and historical trends are key factors that go into the NCUA's calculations and analysis when determining what assessment level is needed to keep the NCUSIF healthy.

By Claude R. Marx | Updated on May 20, 2010

ALEXANDRIA, Va. — Industry health and historical trends are key factors that go into the NCUA’s calculations and analysis when determining what assessment level is needed to keep the NCUSIF healthy, NCUA Director of Examination & Insurance Melinda Love told the NCUA Board Thursday.

She said her office, which will make a recommendation to the board on the assessment level this fall, said they focus on four factors: The fund’s current equity level; projections for the next six to 12 months; an analysis of different assessment levels on the financial health of credit unions; and a recommended target equity level for the NCUSIF.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.