Monday, December 22, 2014

Undercapitalized Credit Unions, Q3 2014

There were 47 federally-insured credit unions that were undercapitalized as of Sepember 30, 2014.

Seven credit unions were critically undercapitalized, while 9 credit unions were significantly undercapitalized.

One of the critically undercapitalized credit unions was closed -- County & Municipal Employees in Edinburg, TX. Another critically undercapitalized credit union -- Health One -- is under NCUA conservatorship.

Three credit unions were classified as undercapitalized, although their leverage ratio exceeded 7 percent.

Below is a list of undercapitalized credit unions. Click on the image to enlarge.

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