Bankowość i finanse · 29/05/2002

NCUA Adopts Interpretive Ruling and Policy Statement on Allowance for Loan and Lease Losses Methodologies for Federally-Insured Credit Unions

The National Credit Union Administration has issued an Interpretive Ruling and Policy Statement to clarify the agency's expectations for allowance for loan and lease losses methodologies and documentation for federally-insured credit unions, following similar guidance from the Securities and Exchange Commission and federal banking agencies.