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.
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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