Onsite Coverage: NCUA Board Approves Two Proposed Rules and 9.5 BP Assessment

ALEXANDRIA, Va. – Federally insured credit unions have two new proposed rules to consider and a  new corporate 9.5 BP Assessment after the NCUA Board met Tuesday..
The board approved two new proposed rules – one that would require credit unions with more than $10 million in assets to develop a plan to address emergency liquidity shortfalls and set up their own backup liquidity source, and another that would allow the NCUA to declare state regulated, federal insured credit unions in “troubled condition.”..........Onsite Coverage: NCUA Board Approves Two Proposed Rules and 9.5 BP Assessment: