NCUA Board Chairman Debbie Matz said Wednesday the regulator is drafting a proposed rule that would require annual stress tests at credit unions with assets exceeding $10 billion.
Matz made the announcement in a speech at the annual NASCUS State System Summit in Coeur D'Alene, Idaho.
The NCUA Board aims to issue the proposed rule for public comment before the end of the year, Matz said.
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? Sign In
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
