Bankowość i finanse · 27/03/2023

NCUA Amends Subordinated Debt Rule to Align with Low-Income Credit Union Capital Treatment

The NCUA Board is updating its Subordinated Debt rule to align the treatment of Grandfathered Secondary Capital with the maximum permissible maturity for low-income credit unions, effective January 1, 2052, following a December 2020 finalization with an effective date of January 1, 2022.