The NCUA board will discuss Share Insurance Fund equity distributions when it meets on Feb. 15.

Last year, the board approved the merger of the Share Insurance Fund with its Corporate Stabilization Fund.

At the time, board Chairman J. Mark McWatters said that the merger was likely to result in an initial Share Insurance Fund distribution to federally insured credit unions of between $600 and $800 million. The stabilization fund had been scheduled to close in 2021.

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