CU Trades Say Premium Not Needed Despite 1.26% Equity Ratio

CUNA, NAFCU and NASCUS appear to all be on the same page in opposing the premium.

By David Baumann | February 19, 2021 at 01:13 PM

Debt to equity ratio chart with calculator and cash

The NCUA should not impose a premium on credit unions even though the agency's equity ratio stands at 1.26%, far below an estimate of 1.32% made by former Board Chairman Rodney Hood in November, credit union trade groups said this week.

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