From the Credit Union Times: NCUA’s RBC Would Cost $760M: NAFCU
February 12, 2015
January 23, 2015
By Nicholas Ballasy, Credit Union Times
NAFCU Director of Research/Chief Economist Curt Long estimated the NCUA’s revised risk-based capital ratio proposal would cost the credit union system a total of $760 million.
“Based on our financial analysis, credit unions’ capital cushions will suffer a $490 million hit if NCUA promulgates a two-tier approach to risk-based capital. The specifics are even more astronomical,” Long said…
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