Friday, September 28, 2012

NCUSIF Losses by CU Asset Size, 1998 - 2012

NCUA in its proposed rule regarding the definition of a small credit union published information on the history of failures among credit unions of various asset size categories that caused losses to the National Credit Union Share Insurance Fund (NCUSIF) from 1998 through year-to-date 2012.

Since 1998, there have 262 credit union failures that have resulted in $945.4 million in losses to the NCUSIF.

The following table shows the the number of failures, NCUSIF losses, and average size of loss by asset size group. This information does not include losses from the failure of five corporate credit unions.


  1. The real story is that there are 399 camel 4/5 credit unions with 30 billion in assets and they're not being dealt with.

  2. And Banks for the same period ....

    500 Banks with Losses exceeding $91.5 billion, or 100 times those of credit unions.

  3. You have a scaling problem. You need to adjust for asset size of the industries.

  4. Just did some quick math for the Cuna anonymous above. 30 billion in camel 4/5 assets in credit unions is about 33% of the equity of the movement.
    Needs a white paper!
    Does congress know this?



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