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Washington
NCUA Prepayment Plan webinar now available online
ALEXANDRIA, Va. (7/22/11)—There were more than 2,000 participants to the National Credit Union Administration’s (NCUA) July 11 webinar on the Voluntary Prepayment of Corporate Stabilization Fund Assessments program and now an archived version of that session has been posted to the agency’s website. The prepayment plan was adopted by the NCUA board June 29 and would permit voluntary prepayments up to a total of $500 million in Corporate Stabilization Fund assessments. The plan responds to credit union stakeholder requests to explore a mechanism that would allow prepaid assessments for the Temporary Corporate Credit Union Stabilization Fund. Credit unions have until July 29 to determine whether to participate in the voluntary initiative. Use the links for more information on the plan and to access the online webinar.
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