Stabilization Fund

• NCUA Says Riskier Assets Dropping, Funds Stable

  By Marc Rapport  |  April 18, 2013

  Agency says at monthly meeting that four first-quarter liquidations have cost $75,000 in associated losses.

• Corp Fund’s Clean Audit

  April 3, 2013

  The Temporary Corporate Credit Union Stabilization Fund has received a clean audit opinion for 2012, the NCUA announced last week.

• NCUA: Corporate Stabilization Fund Receives Clean 2012 Audit

  By Heather Anderson  |  March 27, 2013

  Board chair says audit shows agency is fulfilling its financial reporting responsibilities, will soon update system resolution costs.

• NCUA Repays $1.5 Billion in WesCorp Notes from 2009

  By Heather Anderson  |  November 6, 2012

  Notes payoff called important milestone in efforts to resolve the failure of five corporates.

• NCUA: Maximum Corporate Assessment Estimates Fall $400 Million

  By Heather Anderson  |  November 1, 2012

  The reduced corporate bill is the result of legacy asset performance and the macroeconomic factors used to project their future performance, the NCUA said in a release.

• NCUA Posts Latest Economic Update to YouTube

  By Heather Anderson  |  August 24, 2012

  Topics include economy, FSOC annual report and corporate assessments.

• NCUA Annual Report Details Steady Recovery

  By Heather Anderson  |  July 3, 2012

  The NCUA’s 2011 Annual Report, posted Tuesday on the regulator’s website, details an agency and industry steadily recovering from the recession.

• Corporate Stabilization Fund Improved Last Year

  By Heather Anderson  |  July 2, 2012

  The Temporary Corporate Credit Union Stabilization Fund made progress against legacy asset losses in 2011, improving the fund’s net position from 2010, according to audited financial statements released by the NCUA. The fund also received a clean report from outside auditors.

• Estimated Minimum Legacy Asset Losses Increase $800 Million

  By Heather Anderson  |  June 29, 2012

  Moves to both high and low estimates.

• Corporate Stabilization Fund Net Position Improved $2.2B in 2011

  By Heather Anderson  |  June 22, 2012

  NCUA also reports clean audit this time around.