From the Credit Union Times: NCUA’s RBC Would Cost $760M: NAFCU

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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