At today's NCUA board meeting
, a review was done of the impact
of the 2011 insurance fund premium and the corporate stabilization fund assessment to credit union's financials. The combined cost is estimated to be between 20 to 35 basis points. That could cause up to 1,200 credit unions into negative net income.
As a comparison, credit unions had to pay a combined assessment/premium of 25.82 basis points in 2010.