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Amid the turbulence experienced over the past year, there is a silver lining for credit unions: The strength of the National Credit Union Share Insurance Fund. Despite a global pandemic, economic uncertainty and increased financial hardships, the share insurance fund remains on solid financial footing thanks to credit unions’ strong balance sheets and prudent risk management, along with effective management by the NCUA.

While the NCUA has recently reported the share insurance fund’s equity ratio at 1.26%, that figure is expected to jump to 1.31% next month – placing it above the threshold at which the NCUA can charge a premium. This positive adjustment will occur after the agency finalizes Call Report data and invoices are sent to credit unions to true up capitalization deposits.

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