§ 702.103 - Applicability of risk-based capital measures.  


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  • § 702.103 Applicability of risk-based net worth requirement.

    capital measures.

    For purposes of § 702.102, a credit union is defined as “complex” and a risk-based net worth requirement capital measure 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

    's quarter-end total assets exceed

    fifty

    five hundred million dollars (

    $50

    $500,000,000)

    ; and (b) Minimum RBNW calculation. Its risk-based net worth requirement as calculated

    , as reflected in its most recent Call Report. A complex credit union may calculate its risk-based capital measure either by using the risk-based capital ratio 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

    104(a) through (c), or, for a qualifying complex credit union opting into the CCULR framework, by using the CCULR framework under § 702.104(d).

    [86 FR 72805, Dec. 23, 2021]