12 CFR 702.103 - Applicability of risk-based net worth requirement.

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There is 1 Update appearing in the Federal Register for 12 CFR Part 702. View below or at eCFR (GPOAccess)
§ 702.103 Applicability of risk-based net worth requirement.

For purposes of § 702.102, a credit union is defined as “complex” and a risk-based net worth requirement is applicable only if the credit union meets both of the following criteria as reflected in its most recent Call Report:

(a)Minimum asset size. Its quarter-end total assets exceed fifty million dollars ($50,000,000); and

(b)Minimum RBNW calculation. Its risk-based net worth requirement as calculated under § 702.106 exceeds six percent (6%).

[ 65 FR 44966, July 20, 2000, as amended at 67 FR 13464, Mar. 19, 2002; 67 FR 71088, Nov. 29, 2002; 75 FR 34620, June 18, 2010; 78 FR 4037, Jan. 18, 2013]

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United States Code
U.S. Code: Title 12 - BANKS AND BANKING

Title 12 published on 2015-12-05

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 702 after this date.

  • 2017-02-08; vol. 82 # 25 - Wednesday, February 8, 2017
    1. 82 FR 9691 - Alternative Capital
      GPO FDSys XML | Text
      NATIONAL CREDIT UNION ADMINISTRATION
      Advance notice of proposed rulemaking.
      Comments must be received on or before May 9, 2017.
      12 CFR Parts 701, 702, 703, 709, 741, and 745

Title 12 published on 2015-12-05.

The following are only the Rules published in the Federal Register after the published date of Title 12.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2016-02-11; vol. 81 # 28 - Thursday, February 11, 2016
    1. 81 FR 7198 - Capital Planning and Stress Testing—Schedule Shift
      GPO FDSys: XML | Text
      NATIONAL CREDIT UNION ADMINISTRATION
      Final rule; correcting amendment.
      This correcting amendment is effective February 11, 2016.
      12 CFR Part 702