WASHINGTON — The National Credit Union Administration last Thursday issued a proposal that would reduce regulatory requirements for well-capitalized, well-managed credit unions.

The agency’s proposal would apply to federal credit unions that have reserves equal to 9% of assets, and Camels ratings of 1 or 2 in consecutive examinations. If a credit union meets one of these criteria, it could apply for streamlined regulatory treatment.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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