CUNA's Bill Hampel says though the new rule applies to CUs with more than $50 million in assets, "many-if not most-of the almost 300 credit unions with between $40 million and $50 million in assets will exceed the $50 level in just a few years."

New Capital Rule Could Cost Credit Unions $7.3B: CUNA

CUNA is confirming what several analysts have already told Credit Union Journal: that NCUA's proposed new risk-based capital rule will cost many credit unions a lot more to maintain healthy capital cushions needed for growth-in fact, a net $7.3 billion more.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.