NCUA's PCA Proposal

This page has a variety of information on the NCUA's proposal to reform Prompt Corrective Action (PCA), which follows significant discussions between NCUA, CUNA and others in the credit union movement. The proposal is not yet final, and CUNA continues to discuss improvements with NCUA.

 NCUA Proposed Risk Assets Calculator

The risk asset calculator will provide your credit union with your estimated risk assets and proposed risk-based networth and leverage ratio, along with your current networth ratio. These are based on NCUA’s proposed revisions to Prompt Corrective Action (PCA). The calculator is driven by your 5300 call report with the exception of the breakout of the business real estate loans. You will be asked to enter in that data on the front page.

CUNA's Analysis of CURIA's PCA Reform: Risk-Based Capital (April 2007)

Highlights of NCUA's Proposed PCA Reform Legislation

To see CUNA's summary of the proposal, click here.

For the complete text of the proposal, click here.

For a state-by-state list of credit unions showing the effects of the proposal, click here.

  For a state-by-state list of credit unions showing the effects of the proposal excluding Operational Risk in the definition of Risk Assets, click here.

To tell us how the proposal would affect your credit union, or give any other comments you may have, please submit an email to pcareform@cuna.coop.