corporate prepayment

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  Cheney Urges NCUA to Allow Prepayments of Up to $1 Billion to Defray Costs of Corporate Rescues

  By Claude R. Marx  |  July 1, 2011

  CUNA CEO's letter to NCUA Chairman Debbie Matz says higher prepayments would allow corporate rescue assessments to further decline.

• Onsite Coverage: NCUA Board Approves Modified Corporate Prepayment Plan

  By Arthur D. Postal  |  June 29, 2011

  ALEXANDRIA, Va. — Corporate rescue plan revamped after industry concerns; increases maximum participation amount and raises aggregate total to go forward.

• CUNA’s Cheney Outlines Possible Way for NCUA to Pay Interest on Prepayments

  By Claude R. Marx  |  June 27, 2011

  Trade CEO asks agency to consider making prepayments "slightly less" than what agency is paying in interest to the Treasury Department.

• Fund Levy Unlikely; Doubts on Prepay

  By Claude R. Marx  |  June 5, 2011

  Credit unions probably won’t have to pay a premium for the NCUSIF, but the NCUA is still trying to encourage them to part with more of their money.

• NCUA to Post Comments on Corporate Rescue Prepayment Plan

  By Claude R. Marx  |  June 3, 2011

  Agency reverses course after credit unions and trade associations objected, says comments so far have not contained "sensitive" information.

• NAFCU Urges NCUA to Release Comments on Prepayment Plan

  By Claude R. Marx  |  June 2, 2011

  Becker letter says little benefit to keeping feedback confidential and expresses concern about "free-riders."

• Where Will the Litany of Woes Lead?

  By Sarah Snell Cooke  |  May 31, 2011

  At a recent credit union meeting when I raised the subject of the NCUA’s recent proposal to permit credit unions to voluntarily prepay assessments, earning 0% interest with the agency, CEO heads were shaking. All in disbelief and all in response to the question, “Will your credit union be participating?”