Glatt Consulting has updated the firm’s research database used to calculate the Credit Union Industry HealthScore to include new net worth requirements proposed by the National Credit Union Administration (NCUA). The update allows for the calculation of risk-based net worth as proposed by the regulator not only for the latest call report cycle but for historical cycles as well. Data will be used to study the impact of the proposed rule on credit union health and financial performance.
Glatt Consulting also anticipates utilizing data to aid clients in developing informed commentary on the proposed rule. Clients and other interested parties are welcome to contact the office to inquire about custom reports incorporating the proposed rule.
The proposed rule is available on the NCUA website at: