NCUA FOM – Will the NCUA perform a Concentration of Facilities Ratio (or Depository Institution test) for state chartered credit unions?

Compliance > NCUA
Q:  Will the NCUA perform a Concentration of Facilities Ratio (or Depository Institution test) for state chartered credit unions?    
 
A:  Yes.  NCUA will perform a Concentration of Facilities Ratio (or Depository Institution Test), if requested by the state supervisory authority.  As some state laws for field of membership have parity with NCUA’s field of membership rules, a state-chartered credit union may also need a Concentration of Facilities Ration analysis completed (or Depository Institution test).
 
 
 
ADDITIONAL INFORMATION:
This information was obtained from the NCUA’s website, Chartering and Field of Membership Resources page -    https://www.ncua.gov/services/Pages/field-of-membership-chartering.aspx
 

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