TITLE

NCUA Corporate Plans Include Repayable Capital Accounts

AUTHOR(S)
Roberts, Ed
PUB. DATE
December 2010
SOURCE
Credit Union Journal;12/20/2010, Vol. 14 Issue 51, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the initiative of the National Credit Union Administration (NCUA) to require surviving corporations to hold pledged capital in escrow accounts in order for all the capitals to be refunded to members if their corporations do not achieve the minimum capital standards of NCUA by October 2011 in the U.S.
ACCESSION #
56652084

 

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