Net Economic Value and Interest Rate Risk The economic values of all interest-bearing assets and liabilities are directly linked to interest rates. Net Economic Value (NEV) is a long-term interest rate risk (IRR) measurement that captures the impact of interest rate changes on the present value of all future asset and liability cash flows. Unlike short-term IRR measures, NEV evaluates the sensitivity of a credit union’s entire balance sheet at a fixed point in time by extendi

NCUA’s Stablecoin Proposal: What the GENIUS Act Means for Credit Unions The National Credit Union Administration has issued a proposed rule implementing the GENIUS Act, creating a federal licensing framework for payment stablecoin issuers. For credit unions, this is not theoretical. This is the first formal pathway for credit union subsidiaries to issue payment stablecoins under direct NCUA supervision. And it represents one of the most significant expansions of NCUA authorit

What Are the Types of Involuntary Liquidations? Involuntary liquidation is the most severe enforcement action available to the National Credit Union Administration. It results in the termination of a credit union as a legal entity and the appointment of a liquidating agent to wind down operations, distribute assets, and protect the National Credit Union Share Insurance Fund. There are three primary forms of involuntary liquidation , each grounded in a different section of the

What Is a Prohibition? A prohibition action  is one of the National Credit Union Administration’s most severe enforcement tools. While it is often discussed alongside removal actions, prohibition is broader in scope and longer-lasting . A removal action  strips an individual of a specific role — such as director, officer, or committee member — at a particular credit union. A prohibition , by contrast, bars an individual entirely from participating in the affairs of any federa