Credit union failures in 2013 cost the National Credit Union Share Insurance Fund $66.8 million, according to the NCUA's annual report.
"The members of the 17 credit unions that failed and the one that voluntarily liquidated in 2013 suffered no losses on their insured deposits. All verified shares were paid out within five days of a credit union's closure," the newly released 2013 report said.
Four of the credit unions that failed went through assisted mergers.
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