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Citing a large number of its members who will be negatively affected if this year’s assessments are above 20 basis points, NAFCU President/CEO Fred Becker today again urged the NCUA to “use the authorized tools at its disposal to spread out assessment expenses.”

In a letter to NCUA Chairman Debbie Matz, Becker said if the NCUSIF’s equity ratio falls below 1.2%, the agency should develop a restoration plan to bring it to 1.2, rather than maintaining it at its past operating level of 1.3%.

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