NCUA Sets Reduced 2013 TCCUSF Budget at Year’s Final Open Board Meeting

At its final open meeting of the year, the NCUA board of directors approved the 2013 TCCUSF oversight budget, approved two credit unions’ requests to convert to community charters and adopted two final rules.

NCUA Projects 2013 TCCUSF Assessment, NCUSIF Premium

The NCUA announced at its Nov. 15 board meeting that the TCCUSF assessment for 2013 will likely be between 8 and 11 basis points, while the NCUSIF premium may not be assessed next year at all.

NCUA Approves Corporate Stabilization Fund Assessment

The NCUA Board approved the Temporary Credit Union Stabilization Fund at 25 basis points, an assessment estimated to total nearly $2 billion.