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NCUA RIN: 3133-AF12 Publication ID: Fall 2021 
Title: Complex Credit Union Leverage Ratio 
Abstract:

The NCUA Board (Board) issued 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 proposed an equivalent provision for credit unions, consistent with the Federal Credit Union Act.

 
Agency: National Credit Union Administration(NCUA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 12 CFR 702    12 CFR 703   
Legal Authority: 12 U.S.C. 1766(a)    12 U.S.C. 1790d   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/16/2021  86 FR 45824   
NPRM Comment Period End  10/15/2021 
Final Action  12/00/2021 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: https://www.ncua.gov/regulation-supervision/rules-regulations/proposed-pending-and-recently-final-regulations  
RIN Data Printed in the FR: No 
Agency Contact:
Rachel J. Ackmann
Senior Staff Attorney
National Credit Union Administration
1775 Duke Street,
Alexandria, VA 22314
Phone:703 548-2601
Fax:703 518-6569
Email: rackmann@ncua.gov