ALEXANDRIA, Va. – NCUA this morning set this year’s corporate bailout assessment at 8 basis points, or $700.9 million, a sign that the multi-year resolution program may be winding down.

This year’s assessment, the lowest of the four annual charges set by NCUA, brings to $4.8 billion the amount NCUA has collected from credit unions over the past four years to fund the corporate bailout. It also bring almost $11 billion to cost of the corporate bailout so far, including $5.6 billion of credit unions’ capital erased before NCUA took over and liquidated the five failed corporates: U.S. Central FCU, WesCorp FCU, Members United Corporate FCU, Southwest Corporate FCU and Constitution Corporate FCU.

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