Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
NCUA says 30-year subordinated debt under Treasury program OK; coming action will clarify reg capital treatment
Low-income-designated credit unions that are eligible to receive funding from Treasury’s Emergency Capital Investment Program (ECIP) may accept 30-year subordinated debt investments from the program, according to the National Credit Union Administration (NCUA). The NCUA […]