Finance & markets · 27/03/2023Updated: 10/17/2026 · 1 min read
NCUA Amends Subordinated Debt Rule to Align with Low-Income Credit Union Capital Treatment
Summary
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.
Original source language: Federal Register — National Credit Union AdministrationOpen original release →