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The NCUA Board (Board) is developing a proposed rule to integrate an analog to the community bank leverage ratio into the NCUA’s capital standards. The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 required the other banking agencies to propose a simplified, alternative measure of capital adequacy for federally insured banks. In November 2019, the other banking agencies issued a final rule providing qualifying community banks the option to comply with a simplified leverage measure of capital adequacy. The Board has determined that adopting an equivalent provision for credit unions is appropriate and consistent with the Federal Credit Union Act.