The NCUSIF's equity ratio remained at 1.31% for the thirdconsecutive month in September, according to a report given to theNCUA Board on Thursday by NCUA CFO Mary Ann Woodson.
|Income for the NCUSIF was $3.6 million in September and has been $230.7million this year. When the agency prepared the budget last year,during a much more difficult economic climate, the fund wasprojected to lose $420 million during the first nine months of2011, Woodson said.
|There have been 13 credit union failures this year, comparedwith 28 for all of 2010.
|At the end of September, 3.88% of insured shares were in CAMEL 4and 5 credit unions, compared with 3.96% at the end of August and5.13% at the end of last year.
|As of September 30, 16.59% of insured shares were in CAMEL 3credit unions, compared with 16.75% at the end of August and 18.26% at the end of last year,the board wastold.
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