30 - NCUA requires Interest Rate Risk Management policy and program.
The rule applies to credit unions with:
- assets of more than $50 million, or
- assets of $10 million or more but not greater than $50 million, if the total of first mortgage loans it holds combined with total investments with maturities greater than five years, as reported by the FICU on its most recent Call Report, is equal to or greater than 100% of its net worth (i.e., a 1:1 ratio).
See ii Release 0181.