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Washington
CUNA offers audio conference on NCUAs prepaid assessment plan
WASHINGTON (6/9/11)--Credit unions can tune in Monday, June 13, for a free Credit Union National Association audio conference on issues surrounding a proposed a plan to allow credit unions to prepay some of their total assessments to the Temporary Corporate Credit Union Stabilization Fund. The National Credit Union Administration proposed the voluntary prepayment plan at its May open board meeting and is accepting public comment through June 20. The NCUA prepayment program could help reduce credit unions’ assessment for 2011 substantially, depending on credit unions’ participation, and it would help even out assessments for subsequent years, CUNA has noted. CUNA is offering the audio conference to credit union officials who continue to have questions about the proposal, to help address those questions and facilitate credit unions’ understanding of the proposal. Speakers on the call will be CUNA President/CEO Bill Cheney, NCUA Deputy Director Larry Fazio, CUNA Chief Economist Bill Hampel and CUNA Deputy General Counsel Mary Dunn. The call will last one hour, 45 minutes of which will be reserved for questions. Use the resource link to register. For those who cannot participate in the live event, use the second resource link to register for an archived version to be available within 48 hours of the live event. http://cuna.org/training-education/event/TA61311


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