ALEXANDRIA, Va. — Federally insured credit unions with assets of more than $50 million and smaller ones with potentially risky loan portfolios would have to have policies to evaluate the institution's interest rate risk exposure, set risk limits and test interest rate shocks.

Those are among the provisions of the policy that the NCUA Board unanimously sent out for a 60-day comment period at today's meeting.

Federally insured credit unions with assets from $10 million to $50 million would have to comply if they hold first mortgages and investments with maturities greater than five years that are equal to or greater than 100% of their net worth.  

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