Monday, March 28, 2011

Significantly or Critically Undercapitalized Credit Unions

A credit union is considered significantly undercapitalized, if its net worth ratio is below 4 percent. A credit union with a net worth ratio below 2 percent is critically undercapitalized.

Below is a list of credit unions that have a net worth ratio below 4 percent as of the end of 2010 (click to enlarge the image). Some of these credit unions are no longer independent. NCUA has either closed the credit union or the credit union has been acquired by another credit union.


Posted by at
Labels:

1 comment:

  1. AnonymousMarch 28, 2011 at 8:36 AM

    Perhaps this is part of the rationale for the GAO investigation.
    Why are 2 of these conserved and the rest are not?
    How can the trade assoc and regulator project no assessments for retail cu"s?

    ReplyDelete

Subscribe to: Post Comments (Atom)
 

The content is provided for educational purposes only, with the understanding that neither the authors, contributors, nor the publishers of this site are engaged in rendering legal, accounting or other expert or professional services. If legal or other expert assistance is required, the services of a competent professional should be sought.

Comments appearing in response to articles appearing on this site do not necessarily reflect the views of the ABA. ABA makes no representations regarding the truth or accuracy of commentary or opinions that may be posted in response to the articles that appear on this website.

The inclusion herein of any link to a website, either in the text of an article or in a comment, does not denote any approval, sponsorship, or endorsement by the ABA, and ABA is not responsible for the content or opinions expressed on those linked websites or related commentary. This content is not licensed to third parties sites and is not affiliated with any third party site. Any reference to the author or this content on any third party site on the Internet is not authorized by the ABA.

It is the policy of the American Bankers Association to comply fully with all antitrust laws. Certain discussions should be considered off-limits, including those that contain competitively sensitive data such as price and cost information, or statements that could be construed as reflecting an attempt or desire to control or influence a particular market or markets. Future pricing or other prospective competitive information should never be shared.