New CU net worth ratio coming?
NCUA may consider a new net worth ratio that will mirror the formulas in place at the banking regulators, similar to the community bank leverage ratio, according to the agency’s chairman. In an interview [...]
Posts Tagged ‘Net Worth Ratio’
NCUA Explains How to Cook the Net Worth Ratio
By Keith Leggett The transcript from NCUA's February 20, 2013 webinar has a NCUA staffer telling credit unions how to cook their books to inflate their net worth ratio for Prompt Corrective Action purposes. The [...]