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The NCUSIF’s equity ratio remained at 1.31% for the third consecutive month in September, according to a report given to the NCUA Board on Thursday by NCUA CFO Mary Ann Woodson.

Income for the NCUSIF was $3.6 million in September and has been $230.7 million this year. When the agency prepared the budget last year, during a much more difficult economic climate, the fund was projected to lose $420 million during the first nine months of 2011, Woodson said.

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