During its monthly board meeting April 24, the NCUA boardfinalized a rule that requires credit unions with more than $10billion in assets to submit to NCUA stress testing of itsportfolio. The rule did not include a controversial provision thatwould have made the results public; however, the NCUA mayreconsider that option when the rule is reviewed as part of theagency's rolling three-year rule review. Cost of the rule was alsoan issue. The rule is estimated to cost $1 million per coveredinstitution in the first year, for a total of $5 million. Forcomplete coverage of the new rule, click on the links below.

Stress Test Results Will Remain Confidential: Onsitecoverage of the NCUA board meeting

Why I Can't Support the Final Stress TestRule: Read why NCUA Board Member Michael Fryzelexplain why he voted against the final rule.

Why I Support the Final Stress Test Rule: ReadNCUA Board Member Rick Metsger explain how he was convinced to votein favor of the rule, despite some reservations.

NCUA Stress Test Proposal Roasted byTrades: Review comment letters filed on theproposed rule.

Proposed Stress Test Rule Brings CU Parity toDodd-Frank: Coverage from October 2013, when the rulewas first proposed.