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Kevin Brauer, Members United Corporate FCU’s executive vice president, member relations, said corporate capital has historically been adequate to weather previous economic cycles. In response to news that NCUA Chairman Michael Fryzel announcement yesterday he will recommend raising minimum corporate capital ratios to 5%, Brauer said “this market crisis has redefined capital adequacy for all sectors of the financial services industry.”

“Higher capital levels would provide corporates with greater flexibility to either sell securities at a loss when liquidity is needed, or to hold securities that cannot be sold for a fair value like in today’s environment,” Brauer said.

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