The NCUA board will decide on July 20 whether to solicit comments on closing the temporary corporate stabilization fund and on setting a normal operating level for the agency's Share Insurance Fund.
Board Chairman J. Mark McWatters said earlier this year that he was optimistic that the agency would be able to fold the stabilization fund into the Share Insurance Fund.
McWatters said in February that the insurance fund's equity ratio ended 2016 at 1.27%, below the board-approved normal operating level of 1.3%. Folding the stabilization fund into the insurance fund would help the insurance fund, with the goal of being able to rebate surplus funds to federally insured credit unions.
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