ALEXANDRIA, Va.—When it comes to a 2014 corporate assessment, NCUA Board Member Rick Metsger said he doesn't yet have a position on an estimated range, which the regulator has traditionally revealed in November.
However, while Metsger said he wants to keep any future assessments as low as possible, reducing the outstanding $4 billion owed to the U.S. Treasury line is in the best interest of the industry.
“The debt to Treasury is a known, and I think it's important to deal with known deficits as opposed to the unknown,” Metsger said Tuesday in an interview at NCUA headquarters.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
