Credit Union Industry on NCUA Voluntary Prepayment Program

The credit union industry is quite divided on what it thinks of the NCUA's offering to permit credit unions to voluntarily prepay assessments for the corporate credit union stabilization. The NCUA said that if the $500 million goal of participation is reached, Corporate Stabilization Fund assessments would drop by 6.4 basis points in 2011. Some credit union CEOs say their credit unions plan to participate, while others are still mulling it over running up to the July 29 deadline for pledges.

Category:

News & Politics

Tags:

• credit unions
• Issa Stephan
• Ed Templeton
• Mary Dunn
• Bill Hampel
• CUNA
• NAFCU
• Carrie Hunt
• Corporate Stabilization
• Jan Roche
• State Department FCU
• SRP FCU
• Evan Clark
• Department of Commerce FCU
• NCUA
• Credit Union Times
• Sarah Snell Cooke