NCUA Reports An Increase in NCUSIF Loss Reserves by Almost $78 Million In September "Credit News 24" | Credit News 24

NCUA Reports An Increase in NCUSIF Loss Reserves by Almost $78 Million In September "Credit News 24"

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NCUA Reports An Increase in NCUSIF Loss Reserves by Almost $78 Million In September "Credit News 24"

The National Credit Union Administration increased National Credit Union Share Insurance Fund reserves for losses to $286 million at the end of September.

In August, reserves for insurance losses were $208.1 million.

The agency reported that in September $20.1 million in reserves is for specific credit unions and $265.9 million was for general reserves.

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