Add GAAP accounting standards to the list of factors the NCUABoard may have to consider when setting remaining corporate assessment rates.

CUNA Chief Economist Bill Hampel raised the issue Monday duringa press call, saying should the NCUA rebate extra money to creditunions after corporate losses are repaid, it could create problemsfor industry accountants.

As the corporate stabilization fund winds down, Hampel said, theNCUA will have about $2.5 billion in excess funds that willprobably be returned to credit unions. Because credit unions willhave already recorded the expenses when recording annualassessments, the rebated funds would have to be reversed and addedback to balance sheets as income.