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TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
NCUA Net Worth Webinar Is Today
ALEXANDRIA, Va. (2/20/13)--Interested in the common causes of net worth declines, and how credit unions can restore their net worth? There is still time to sign up for this afternoon's National Credit Union Administration webinar, "Net Worth Restoration Plans: A Path to Recovery."

The free webinar will be presented by NCUA Office of Small Credit Union Initiatives (OSCUI) Director William Myers. It is scheduled to begin at 2 p.m. ET.

The webinar will feature:
  • A review NCUA's capital requirements for credit unions and the net worth restoration plan process;
  • Discussion of the minimum regulatory requirements for net worth under Prompt and Corrective Action and Part 702 of NCUA's Rules and Regulations;
  • Information on restoration plan timelines; and
  • Details on assistance available for credit unions that are developing a net worth restoration plan.
To sign up for the webinar, use resource link.
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