NCUA Equity Ratio Drops to 1.26%, Board Does Not Impose Immediate Premium

At the February National Credit Union Administration meeting it was reported that the equity ratio dropped to 1.26%. The board did not immediately impose a premium, but Chairman Todd Harper noted that it may eventually be required. A restoration plan is legally required if the equity ratio dips below 1.2%. Other issues were also reported and discussed at the meeting.

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NCUA Equity Ratio Drops to 1.26%, Board Does Not Impose Immediate Premium

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