News stories tagged subordinated debt

Summaries outline corporate sub debt, joint ownership rules

(March 12, 2021) Two new summaries of final rules on corporate credit union purchase of subordinated debt, and on joint ownership share accounts, were posted by NASCUS this week. Both...

Subordinated debt, related corporate rules finalized

(Feb. 26, 2021) Final rules on subordinated debt and corporate credit unions were finally published in the Federal Register this week, completing the action on the final rules and opening...

Other NCUA Board action taken on corporates, sub debt; CUSOs

(Jan. 15, 2021) In other action at its Thursday meeting, the NCUA Board: Adopted a final rule clarifying that corporate credit unions may purchase subordinated debt instruments issued by natural...

Sub debt rule adopted by NCUA after years of work by agency, states

(Dec. 18, 2020) Well-capitalized, federally insured credit unions could count subordinated debt as capital for risk-based net worth purposes under a new rule approved by the NCUA Board at its...

NASCUS: Final rule was long time in coming

(Dec. 18, 2020) NASCUS President and CEO Lucy Ito, in a press statement, praised the NCUA Board for finalizing the subordinated debt rule, noting the state system’s long support for...

NCUA Board to hold 2 meetings: <i>Thursday meeting considers final sub debt rule … </i>

(Dec. 11, 2020) As the month winds down, as well as the year, the NCUA Board apparently has decided to make the most of it — by scheduling not one...