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Matz Unmasks Risk Capital Details

On July 12 during a general session at NAFCUs Annual Conference in Boston, NCUA Chairman Debbie Matz revealed some new details regarding a rule under development that would increase net worth requirements for credit unions with more than $50 million in assets.

By Heather Anderson | Updated on July 24, 2013

On July 12 during a general session at NAFCU’s Annual Conference in Boston, NCUA Chairman Debbie Matz revealed some new details regarding a rule under development that would increase net worth requirements for credit unions with more than $50 million in assets.

Matz said the current 7% net worth requirement would remain the floor requirement, as defined by the Federal Credit Union Act. However, credit unions with more than $50 million in assets would be subjected to higher risk-based net worth requirements.

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