NCUA's Harper Says Agency Will Likely Need to Charge Premium

Harper, who is likely to become chair in January, says, "Credit unions need to brace themselves for that eventual reality."

By David Baumann | November 19, 2020 at 02:48 PM

Credit unions had better be prepared to pay a premium sometime in the future since the coronavirus crisis is likely to continue to wreak havoc on the NCUA's Share Insurance Fund equity ratio, NCUA Board Member Todd Harper said Thursday.

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