Delay of Effective Date of Risk-Based Capital

Delay of Effective Date of Risk-Based Capital

NCUA has proposed delaying the effective date of the risk-based capital (RBC) rule from January 1, 2020, to January 1, 2022. This proposed delay would allow NCUA additional time to holistically and comprehensively evaluate capital standards for federally insured credit unions. The proposed delay would also provide covered credit unions and the NCUA with additional time to prepare for the rule's implementation. During the extended delay period, the NCUA's current Prompt Corrective Action (PCA) requirements would remain in effect,