The final stress test rule is on the April 24 NCUA board meeting agenda.
Credit Union Capital Planning and Stress Testing appears as the last item on the agenda, which was released on Thursday. The rule, introduced during the NCUA's October 2013 board meeting, would require credit unions with more than $10 billion in assets to maintain a stress test capital ratio of at least 5%, and submit to stress testing by the NCUA.
CUNA, NAFCU and NASCUS have been critical of the proposed rule.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 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.