The National Credit Union Administration cracked down on corporate credit unions Friday, issuing a rule that curbs investments and raises capital requirements.

However, the agency said corporates may gain broader powers by agreeing to more supervision and even higher capital ratios.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.