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

NCUA · final-rule · Published 1997-03-19 · Effective 1998-01-01 · 62 FR 12929

Document

Document number
97-6417
Federal Register citation
62 FR 12929
CFR reference
12 CFR 704
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US National Credit Union Administration
Publication date
1997-03-19
Effective date
1998-01-01

Abstract

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.

Source

Authoritative
Federal Register document
Machine
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