o7,356 fall into the 0% reserve requirement o1,315 fall into the 3% reserve requirement (reserves = $419,024,606) o343 fall into the $1,164,000 + 10% reserve requirement (reserves = $3,002,637,805) o9,014 total FICUs with $3,421,662,410 in reserve oAt 2.75% (Fed funds rate), the annual interest would be $94,095,716.
By Contrast, as of December 2004:
Want the latest credit union news?
Sign up for our free newsletter today! All the breaking credit union news and information you need to make the right decision for your credit union delivered to your inbox. For free!
Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!