The NCUA said this week it will host a free webinar on secondary capital at 2 p.m. EDT on Wednesday, July 31.

The agency's Office of Small Credit Union Initiatives and Region III Division of Supervision will detail NCUA's requirements for low-income designated credit unions to secure and use secondary capital.

The session is titled “Will Secondary Capital Work for You?” and also will feature a credit union manager who utilizes secondary capital to supplement the credit union's net worth and better serve its low-income field of membership, the NCUA said.

Registration is free and online. Questions can be submitted in advance at [email protected] with “Secondary Capital Webinar” in the subject line.

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