Corporate Central Credit Union today announced it has achieved "well capitalized" status across all capital measures of the new NCUA corporate credit union regulations.
In a statement, Corporate Central said its Tier 1 (Core) Capital stands at 5.10% (above the 5% NCUA mandate); its Tier 1 (Core) Risk Based Capital ratio is 30.87%, substantially above the 6% mandate; Total Risk Based Capital is 61.37%, above the 10% NCUA target; Total Capital ratio is 10.13%; Retained Earnings ratio is 1.3%, "more than 2-1/2 times the three-year .45% regulatory requirement."
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