Survey on Proposed Amendment to Small Credit Union Designation


Does your credit union have between $10 million and $30 million in assets?

NCUA is proposing to raise the small credit union asset level threshold to less than $30 million because the percentage of credit unions within this category is roughly the same percentage of credit unions that were originally designated as small credit unions in 1998. NCUA has also concluded that credit unions below this threshold do not pose a disproportionate risk to the Share Insurance Fund.

Which threshold do you think is most appropriate for small credit union designation? Please choose one.

NCUA last raised this threshold in 2003 and is now proposing to formalize the review process by reviewing the threshold every three years. In your opinion, how often should the small credit union asset threshold should be reviewed? Please choose one.

Thank you for your feedback!