Todd Harper, chairman of the National Credit Union Administration, said new assessments are likely needed because of an influx of deposits, but industry groups and other board members say the agency should wait to see if the reserve ratio recovers on its own.
Thank you, Eugene, for your sobering update on the Share Insurance Fund and the equity ratio. The NCUA's top priority in 2021 is to ensure that the credit union system and the Share Insurance Fund are fully prepared to weather any economic fallout related to the COVID-19 pandemic. The system also saw an unprecedented increase in insured share growth, which caused.
Hammond native named chairman of National Credit Union Administration board: I have received the greatest honor of my career nwitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nwitimes.com Daily Mail and Mail on Sunday newspapers.