Almost every day, credit union representatives ask me to keep the NCUA's assessments low.
The fact is the amount required for each assessment is not determined by the NCUA. It is determined by credit unions. If credit union losses are lower, credit union assessments will be lower.
The NCUA's calculation of assessments is based on the anticipated amount we need to reserve against losses. This is carefully derived from information gathered from Call Reports and exams.
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