The NCUA will provide credit unions with their distribution amounts as soon as they are completed, which is projected to be third quarter 2018. The NCUA needs time to update its IT systems to calculate individual credit union distribution amounts. Since the methodology was just approved on Feb. 15, and due to the nature and complexity of the calculation, any third parties claiming to provide a calculator or calculations of an individual credit union’s distribution amount is not accurate and should not be relied upon at this time.
Additional updates on this issue are forthcoming.
Leave A Comment