Becker to NCUA: Examiners Applying Opinion to IRR Management

Becker said he’s heard reports of examiners shock testing for interest rate risk under “absurd” scenarios, such as unrealistic increases in rates over a six-month period.

“We’re taking about things that just aren’t realistic,” he told Credit Union Times. “One in a million chance testing.”

Specifically, Becker said in the letter he sent Friday that members have reported examiners requiring credit unions to set policies according to rate shocks outlined in a 16-year-old core deposit study.....Read More >>.Becker to NCUA: Examiners Applying Opinion to IRR Management: .