The credit union industry is quite divided on what it thinks of the NCUA's offering to permit credit unions to voluntarily prepay assessments for the corporate credit union stabilization. The NCUA said that if the $500 million goal of participation is reached, Corporate Stabilization Fund assessments would drop by 6.4 basis points in 2011. Some credit union CEOs say their credit unions plan to participate, while others are still mulling it over running up to the July 29 deadline for pledges.
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:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 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.
