Submitted by sevans on Thu, 02/12/2015 - 2:58pm

Net worth categories.

A federally-insured credit union defined as “new” under this section shall be classified (Table 6 page 1))—

(1) Well capitalized if it has a net worth ratio of seven percent (7%) or greater;

(2) Adequately capitalized if it has a net worth ratio of six percent (6%) or more but less than seven percent (7%);

(3) Moderately capitalized if it has a net worth ratio of three and one-half percent (3.5%) or more but less than six percent (6%);

(4) Marginally capitalized if it has a net worth ratio of two percent (2%) or more but less than three and one-half percent (3.5%);

(5) Minimally capitalized if it has a net worth ratio of zero percent (0%) or greater but less than two percent (2%); and

(6) Uncapitalized if it has a net worth ratio of less than zero percent (0%) (e.g., a deficit in retained earnings).

http://www.ecfr.gov/cgi-bin/text-idx?SID=a5890409b9081ac25cce8d741bd0f23...

 

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