NCUA Proposes Rule Regarding Capital Planning and Stress Testing (Fed. Reg. Version)
The National Credit Union Administration ("NCUA") proposed a rule to conduct annual stress tests of federally insured credit unions ("FICUs") with assets of $10 billion or more. Additionally, the NCUA proposes to require those credit unions to develop and maintain capital plans.
Comments Due: December 31, 2013.
See: 78 FR 65583.Related News: "Federal Reserve Paper: Capital Planning at Large Bank Holding Companies: Supervisory Expectations and the Range of Current Practice" (August 19, 2013).