20-EF-12: NCUA - Paycheck Protection Program Lending Facility and Paycheck Protection Program Loans

On April 27, 2020, the National Credit Union Administration (NCUA) published an interim final rule to make conforming amendments to capital adequacy rules in Part 702, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Paycheck Protection Program (PPP) loans will receive a zero percent risk weighting under the NCUA's risk-based net worth requirement.

Already a member? Log in

NAFCU Members Get More

This page contains member-only content.

Membership is open to all federally insured credit unions in the United States, both federally and state-chartered. Members enjoy:

  • Hundreds of articles and resources
  • Personalized compliance assistance
  • Discounts on top-rated education opportunities
  • Member-only benefits and savings

Interested? Schedule a Customized Membership Webinar

If you are already logged in and believe you should have access to member-only content, please contact us for assistance at info@nafcu.org.