Corporate Credit Unions; Involuntary Liquidation of Federal Credit Unions and Adjudication of Creditor Claims Involving Federally Insured Credit Unions in Liquidation; Requirements for Insurance

Resumo

NCUA is issuing a final rule governing corporate credit unions. The rule strengthens capital requirements, establishes parameters to ensure that the risk on corporate credit union balance sheets is adequately managed, provides for corporate credit unions with more developed systems and infrastructures to take more planned and controlled risk, and sets forth special rules for wholesale corporate credit unions.