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The NCUA on Thursday updated its online "Questions and Answers" resource about costs related to the Temporary Corporate Credit Union Stabilization Fund, confirming that no future assessment charges to credit unions are likely.

NAFCU continues to urge the NCUA to explore any options that would allow the agency to issue TCCUSF rebates to credit unions before 2021.

The NCUA reiterated that the corporate resolution program costs are showing continued improvement and that future assessments are still unlikely as long as the upper and lower ends of the projected TCCUSF assessment range remain negative. The upper and lower ends of the range are currently negative $4.9 billion and negative $3.4 billion.

Credit unions have paid $4.8 billion in assessments since the creation of the fund in 2009. The fund is scheduled to close in 2021.

NAFCU continues to update its "NCUA Money Watch" page, which keeps tabs on the NCUA's budget and finances. NAFCU will provide ongoing updates there on the TCCUSF and the National Credit Union Share Insurance Fund; the page also provides links to more comprehensive coverage of NAFCU's advocacy efforts.