According to new information released online today by the NCUA, the conservative end of estimated corporate legacy asset losses financed by Temporary Corporate Credit Union Stabilization Fund increased to $2.7 billion as of December 31, 2011, up from $1.9 billion as of June 2011.

That means federally insured credit unions could be on the hook for an additional $800 million, which will be paid through assessments until the fund expires in 2021. On the bright side, the high end of estimated losses decreased by $200 million during the same period, falling to $6.0 billion. Altogether, the estimated range of legacy asset losses is between $2.7 billion and $6.0 billion.

Despite updating the range of the Stabilization Fund loss estimates, the projected range of 2012 Stabilization Fund assessments — between 8 and 11 basis points of insured shares — remains the same. The NCUA Board anticipates setting the 2012 Stabilization Fund assessment at the open Board meeting scheduled for July 24.