Share your comments on risk-based capital proposal
The National Credit Union Administration issued a proposed rule on risk based net worth
requirements that would affect all federally insured credit
unions—including state chartered credit unions—with over $50
million in assets. The proposal includes risk-weighting of certain
assets (e.g., real estate and member business loans) and would allow
NCUA to raise the risk-based capital requirement of an individual credit
union above the normal threshold levels based on subjective factors.
The League will be urging the NCUA to consider whether the rule is needed at all, given how well
most credit unions came through the recent recession, or how to narrow
the rule to minimize unintended consequences.