Supplemental Capital Could Put CU Tax Exemption in Jeopardy
In its advanced notice of proposed rulemaking (ANPR), the NCUA noted, "if all credit unions ... have the ability to access the capital markets to meet capital standards, it could call into question one of the bases for the credit union tax exemption," and that state chartered credit unions could lose their tax exemption if they issue capital. [4/17/17]


