Thursday, November 20, 2014

Projected NCUSIF Premiums for 2015 Will Range Between 0 and 5 Basis Points

Credit union premiums to the NCUSIF will range between 0 and 5 basis points for 2015, according to a presentation to the NCUA Board.

However, credit unions will not be subject to any Temporary Corporate Credit Union Stabilization Fund assessments in 2015.

Review the slideshow.

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2 comments:

  1. AnonymousNovember 24, 2014 at 12:11 PM

    But isn't the TCCUSF funded by credit unions only through the NCUSIF? If so, then the only assessment they are ever subject to going forward would always be the latter fund.

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  2. Keith LeggettNovember 29, 2014 at 5:27 PM

    The TCCUSF receives excess funds above the 1.30 percent insured deposit (share) level from the NCUSIF, only as long as the TCCUSF has outstanding borrowings from the Treasury.

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