Federally insured credit unions will learn the size of their2013 corporate assessment in one week, because the subject is onthe NCUA Board's July 25 monthly meeting agenda. According to theagenda, posted on the NCUA's website Thursday afternoon, the boardwill consider the 2013 Temporary Corporate Credit UnionStabilization Fund Assessment, as well as the reprogramming of theNCUA's 2013operating budget and the quarterly share insurance fundreport.

Previously, the NCUA estimated the corporate assessment wouldrun between 8 and 11 basis points. Through 2012, federally insuredcredit unions have paid $4.1 billion in annual assessments to coverlosses incurred by corporate credit union investments intomortgage backed securities.

Despite a reduction in the amount the NCUA estimates credit unions haveyet to pay thanks to improvements in the housing market andperformance of corporate legacy assets, the regulator said it doesnot anticipate deviating from the 8 to 11 basis pointsestimate.