NCUA Board Proposes Revisions to Rules Regarding Risk Based Capital

The National Credit Union Administration ("NCUA") Board proposed revisions to current regulations regarding prompt corrective action (PCA) that would require credit unions taking certain risks to hold capital commensurate with those risks.One revision would replace the NCUA's current risk-based net worth requirement with a new risk-based capital ratio for federally insured natural person credit unions.

See: NCUA's PCA Rule Proposal.