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.
Hood recommends reduced capital requirements, higher MBL limit for credit unions during pandemic
Temporary reductions by 1% in the capital levels at which credit unions would qualify as adequately and well-capitalized, to provide the institutions a measure of relief during the pandemic, were among the recommendations made to […]