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Matz: NCUSIF Could Go Slightly Below 1.2% Level

JUL 23, 2010 4:23pm ET

CHICAGO — The NCUA Board would consider allowing the National Credit Union Share Insurance Fund (NCUSIF) to operate with an equity ratio slightly below 1.2%, but will not consider allowing that ratio to drop anywhere near the 1.1% range or even lower as some have proposed, according to NCUA Chairman...

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