Scoring the Corporate Credit Unions: Who Is Left Standing?: Online Only
The Aug. 31 deadline for capitalizing – a date self-imposed by multiple corporate credit unions – is here. Who’s left standing? Who is folding?
The NCUA deadline for a corporate to achieve “adequately capitalized” status – a 4% interim leverage ratio, which includes retained earnings, perpetual contributed capital, and non-perpetual contributed capital – is Oct. 20, 2011.