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March 18, 2014
Upper end of TCCUSF assessments in negative
March 18, 2014 - NCUA says the upper end of total projected assessments associated with the Temporary Corporate Credit Union Stabilization Fund has declined by $2.2 billion to a range of negative $2 billion and negative $600 million.
That's down from a negative $200 million to $1.6 billion reported in the second quarter of 2013, and probably points to at least a partial rebate of assessments paid when the fund expires in 2021.
NAFCU has strongly urged an end to future assessments and for a rebate to insured credit unions.
That's down from a negative $200 million to $1.6 billion reported in the second quarter of 2013, and probably points to at least a partial rebate of assessments paid when the fund expires in 2021.
NAFCU has strongly urged an end to future assessments and for a rebate to insured credit unions.
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