Tuesday, July 24, 2012

Breaking News: 9.5 Basis Point Assessment for 2012

The NCUA Board voted today to impose a 9.5 basis point Temporary Corporate Credit Union Stabilization Fund (TCCUSF) assessment for 2012. NCUA estimates that this would raise approximately $790.53 million in premiums.

4 comments:

  1. Effective date?

    ReplyDelete
  2. Payable on October 9. Based upon June 30, 2012 insured shares.

    ReplyDelete
  3. Do you just take your insured shares by x .095% to find out your amount?

    ReplyDelete
  4. Yes. Insured deposits as of June 30 multiplied by 0.00095.

    ReplyDelete

 

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