Credit unions should budget for 20-35 basis points worth of additional assessments next year, the NCUA said today.
The premium to shore up the NCUSIF will likely be between 0 basis points and 10 basis points. This year the premium was 13.4 basis points.
The assessment to repay part of the Treasury Department's loan to the Temporary Corporate Credit Union Stabilization Fund will likely be between 20 and 25 basis points. This year the premium was 12.4 basis points.
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Agency officials said the final figures, which will likely be announced during the second half of next year, will depend on factors such as the impact of the economy on credit unions and the number of credit union failures.
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