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NCUSIF Health Is Stable

The NCUSIFs equity ratio remained at 1.31% for the third consecutive month in September, according to a report to the NCUA board by the agencys chief financial officer Mary Ann Woodson at its Oct. 27 meeting.

By Claude R. Marx | Updated on October 30, 2011

The NCUSIF’s equity ratio remained at 1.31% for the third consecutive month in September, according to a report to the NCUA board by the agency’s chief financial officer Mary Ann Woodson at its Oct. 27 meeting.

The fund’s income was $3.6 million in September and has been $230.7 million this year. When the agency prepared the budget last year, during a much more difficult economic climate, the fund was projected to lose $420 million during the first nine months of 2011.

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