NCUA officials are scheduled to explain the reasoning behind their assessment estimates for next year and the NCUA Board is slated to vote on the agency's budget for next year at the board's meeting next Thursday.
NCUA Chairman Debbie Matz announced Wednesday that the agency is projecting that next year's assessment for the rescue of corporate credit unions will be between 8 and 11 basis points. The assessment for the NCUSIF will be between zero and 7 basis points but the agency hopes that there won't have to be one, Matz said.
Matz said the expected budget increase will be in the “single digits.”
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