Bankowość i finanse · 12/05/2015

NCUA Board Proposes Exclusion of CLF-Related Bridge Loans from Aggregate Unsecured Lending Cap

The NCUA Board is proposing to exempt corporate credit unions from the aggregate unsecured lending cap for CLF-related bridge loans, which would allow these loans to be made to natural person credit unions awaiting CLF funding, and exclude them from minimum capital requirements calculations.