IRR

• Guest Opinion: Moving Forward With IRR Back Testing

  By Benedict Voit  |  May 15, 2013

  A stronger regulatory focus on managing interest rate risk on the balance sheet has brought to the forefront the requirement that institutions back test their IRR models. Back testing is a means to check the sufficiency of the data, the setup and the assumptions used to produce an analytical report....

• Life Raft For Small CUs Is Floated

  By Heather Anderson  |  September 24, 2012

  If the NCUA board’s proposed $30 million limit to define small credit unions stands, 1,603 credit unions would be excluded from risk-based net worth requirements and a provision of the interest rate risk rule, according to the NCUA’s action memo on the topic.

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  Guest Opinion: FASB’s Proposal on Liquidity and Rate Risk

  By Michael Gagliardi  |  August 27, 2012

  The Financial Accounting Standards Board recently released a proposed accounting standards update for financial instruments concerning new financial statement disclosures of liquidity risk and interest rate risk. The proposal is one portion of a joint project between FASB and the International Accounting Standards Board on the subject of accounting for...

• As IRR Rule Approaches, NCUA Prepares Q&A Sheet

  By Heather Anderson  |  August 7, 2012

  Letter to credit unions and question-and-answer sheet address the new interest rate risk management rule, which takes effect Sept. 30.

• New Interest Rate Risk Rule in NCUA YouTube Video

  By Heather Anderson  |  April 4, 2012

  Agency reviews new IRR rules as credit union exposure grows from mortgage lending funded by short-term liabilities.