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Corporate Central Comments on NCUA’s Proposed Changes to Corporate Credit Union Regulations

On July 3, 2017, NCUA placed proposed changes to NCUA Rules & Regulations 12 CFR Part 704 – Corporate Credit Unions in the Federal Register and allowed for a sixty-day comment period. These proposed changes are important for several reasons: they affect corporate credit union Tier 1 Capital calculations, recognition of Retained Earnings acquired in a merger, and also create a Retained Earnings Ratio benchmark.

Corporate Central Credit Union has provided a comment letter to NCUA in support of these proposed changes, and we encourage you to consider commenting as well. The more support NCUA receives the more likely they will be implemented. Please follow the link below to learn more about the proposed regulation changes, along with Corporate Central’s comment.

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Corporate Central Credit Union
6262 South Lowell Place, Muskego, WI 53150
Phone: (800) 242-4747 | Fax: (414) 427-3700
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