Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In April 2010, NCUA board member Gigi Hyland released a white paper outlining the issues and opportunities inherent in nontraditional sources of capital. Hyland’s paper, based, in part, on seven studies my organization released between 2001 and 2008, concludes, “Affording credit unions the ability to raise supplemental capital that counts toward PCA ‘net worth’ requirements is an appropriate policy consideration.”

Our vast research on the topic makes the same conclusions based on policy analysis, field tests and examples of secondary-capital raising activities from credit unions located outside the U.S. and other types of cooperatives.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Peter Westerman


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.