NCUA Overestimated and Overcharged Credit Unions $7.6 Billion in TCCUSF Premiums
And that’s not the worst of it according to Chip Filson in a blistering op ed piece. NCUA acknowledges that it owes credit unions a premium refund in the amount of $1.9 billion, but says it can’t pay out the refund until 2021. [2/21]