The NCUA's proposed new capital standards for credit unions over $50M raises capital requirements and requires risk-weighting 10 asset classes.
By Heather Anderson|January 23, 2014 at 03:29 PM|Originally published on Cutimes.Com
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Maintaining well-capitalized status became more difficult Jan. 23 when the NCUA Board proposed a new risk-based capital rule. The proposal would require federally insured credit unions with more than $50 million in assets – some 2,237 institutions – to risk-weight additional assets, including real estate loans, member business loans and delinquent consumer and real estate loans. Read the stories linked below to learn more about the proposed rule and other topics from the January monthly NCUA Board meeting.
This premium content is locked for Credit Union Times subscribers only.
Already have an account? Sign In Now
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to email@example.com to learn more.
What is your credit union’s profitability plan and how are you progressing towards those goals? This eBook outlines five success strategies to guide your credit union’s journey to a strong profitability plan.
Go beyond the standard loan shopping experience and engage your members with a pre-qualification solution that consistently delivers 30 percent more loans at a fraction of your current cost. Realize the power of “No Credit Impact” messaging and the latest in lending technology.
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.