Mid-Size CU Financial Stress Prompted Proposed 'Troubled Condition' Rule
Wednesday, 25 July 2012 08:42

The NCUA has seen such an increase in credit unions with assets between $250 million and $500 million showing “some degree of financial stress”, it has lowered the threshold for joint exams from $500 million to $250 million.  As a result, the time NCUA examiners spend participating in joint exams has nearly doubled to 120,000 hours per year.  Read More

 

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