NCUA Board Approves Final Liquidity and Call Report Rules, Proposes Annual Stress Tests

The National Credit Union Administration Board approved three items at its Oct. 24 meeting: a final rule requiring all federally insured credit unions to plan for liquidity events; a final rule requiring all federally insured credit unions to electronically file Call Report information with NCUA; and a proposed rule requiring annual stress tests at federally insured credit unions with assets exceeding $10 billion.