CUNA Claims Risk-Based Capital Proposal Could Cut Credit Union Capital Buffers by Billions
According to Bill Hampel, CUNA’s Chief Economist, the NCUA’s proposed risk-based capital rule could force credit unions to increase their capital levels by a net of $7.3 billion in order to maintain their current margins above the well-capitalized threshold at a time when credit unions are faced with lower rates and moderate loan growth. [2/10]