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.

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4 comments:

  1. AnonymousJuly 24, 2012 at 12:02 PM

    Effective date?

    ReplyDelete
  2. Keith LeggettJuly 24, 2012 at 12:24 PM

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

    ReplyDelete
  3. AnonymousJuly 24, 2012 at 4:47 PM

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

    ReplyDelete
  4. Keith LeggettJuly 25, 2012 at 7:20 AM

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

    ReplyDelete