Introduction

This website provides transparency into the actual and projected costs incurred by federally-insured credit unions* as part of the Corporate System Resolution Program (Resolution Costs).

Managing to the least long-term cost consistent with sound public policy is one of the core principles established by the NCUA Board as part of the Corporate System Resolution.  The NCUA Board uses the Temporary Corporate Credit Union Stabilization Fund (Stabilization Fund) to pay only the costs associated with stabilizing and resolving the corporate credit union system, which improves the transparency of NCUA‘s stabilization actions.  The legislation creating the Stabilization Fund allows repayment of those costs over the life of the fund (currently June 2021).

In addition to the information disclosed on this website, the audited financial statements for the Stabilization Fund can be found at the following link: Stabilization Fund Financial Statements. 

Since the launch of the Corporate System Resolution Program, the NCUA has consistently communicated that assessments are subject to the current year’s cash requirements as well as projected losses on the Legacy Assets.  Further, the NCUA noted that cash requirements would be higher in the initial years due to repayment of the Medium Term Notes (MTNs) by the Asset Management Estates (AMEs).  The table below indicates the actual and projected assessments as of June 2012.

Disclaimer