ALEXANDRIA, Va. — Approximately 45% of federally insured credit unions would have to develop extensive interest rate risk management policies that include extensive use of risk measurement systems and internal controls, according to a rule issued by the NCUA on Thursday.

Those credit unions covered by the rule would have to: Adopt an interest-rate risk policy; have a plan for the policy to be implemented by the institution’s management and overseen by the board; put in place risk measurement systems to assess the sensitivity of earnings and/or asset and liability values to interest rate risk; adopt internal controls to monitor adherence to interest rate risks; and make decisions that are “informed and guided by interest rate risk measures.’’

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

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

  • Critical 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 and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


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 and

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

Copyright © 2023 ALM Global, LLC. All Rights Reserved.