Corporate Credit Unions
|Subject:||Corporate credit unions; subordinated debt|
The NCUA Board (Board) is issuing a final rule that amends the NCUA’s corporate credit union regulation. The final rule updates the definitions in this regulation and makes clear that corporate credit unions may purchase subordinated debt instruments issued by natural person credit unions. The final rule also specifies the capital treatment of these instruments for corporate credit unions that purchase them.
|Date proposed:||Feb. 20, 2020|
|Comments due date:||July 27, 2020|
Jan. 1, 2022
|Rule compliance date:|
|Related Reg Report item(s):|