The Temporary Corporate Credit Union Stabilization Fund receives sixth consecutive clean audit opinion.
The NCUA board-managed stabilization fund reaches a first-ever positive net position.
Four permanent funds receive clean audit opinions from KPMG LLP.
A provision in the risk-based capital proposal gives NCUA examiners more authority.
The Temporary Corporate Credit Union Stabilization Fund received a clean audit opinion for the fifth consecutive year.
Financial reports also reveal a continued decline in legacy asset credit ratings.
The NCUA's four permanent funds have received unmodified audit opinions for the year 2013.
NCUSIF, operating fund, community development revolving loan fund and CLF all received clean opinions from KPMG.
The Temporary Corporate Credit Union Stabilization Fund has received a clean audit opinion for 2012, the NCUA announced last week.
Board chair says audit shows agency is fulfilling its financial reporting responsibilities, will soon update system resolution costs.