Wednesday, March 14, 2012
Undercapitalized Credit Unions, December 2011
As of December 31, 2011, there were 138 credit unions with $7.2 billion in assets that were classified as undercapitalized. This is down from 165 undercapitalized credit unions as of September 2011.
There were 4 credit unions that were classified as undercapitalized, although their net worth ratios exceeded 6 percent. These 4 credit unions were subject to a risk based net worth standard because they were designated as complex credit unions.
There were 4 credit unions that were classified as undercapitalized, although their net worth ratios exceeded 6 percent. These 4 credit unions were subject to a risk based net worth standard because they were designated as complex credit unions.
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