Tuesday, September 16, 2014
Undercapitalized Credit Unions, June 30, 2014
As of June 30, 2014, there were 60 undercapitalized credit unions in the United States.
These undercapitalized credit unions held slightly more than $3.4 billion in assets.
Six credit unions were classified as critically undercapitalized, while 14 credit unions were significantly undercapitalized.
Four credit unions that were classified as undercapitalized had net worth ratios in excess of 6 percent. However, their net worth ratios did not meet the minimum risk-based net worth requirement.
These undercapitalized credit unions held slightly more than $3.4 billion in assets.
Six credit unions were classified as critically undercapitalized, while 14 credit unions were significantly undercapitalized.
Four credit unions that were classified as undercapitalized had net worth ratios in excess of 6 percent. However, their net worth ratios did not meet the minimum risk-based net worth requirement.
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