12 C.F.R. § 567.2   Minimum regulatory capital requirement.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 567—CAPITAL

Browse Previous |  Browse Next

§ 567.2   Minimum regulatory capital requirement.

(a) To meet its regulatory capital requirement a savings association must satisfy each of the following capital standards:

(1) Risk-based capital requirement. (i) A savings association's minimum risk-based capital requirement shall be an amount equal to 8% of its risk-weighted assets as measured under §567.6 of this part.

(ii) A savings association may not use supplementary capital to satisfy this requirement in an amount greater than 100% of its core capital as defined in §567.5 of this part.

(2) Leverage ratio requirement. (i) A savings association's minimum leverage ratio requirement shall be the amount set forth in §567.8 of this part.

(ii) A savings association must satisfy this requirement with core capital as defined in §567.5(a) of this part.

(3) Tangible capital requirement. (i) A savings association's minimum tangible capital requirement shall be the amount set forth in §567.9 of this part.

(ii) A savings association must satisfy this requirement with tangible capital as defined in §567.9 of this part in an amount not less than 1.5% of its adjusted total assets.

(b) [Reserved]

(c) Savings associations are expected to maintain compliance with all of these standards at all times.

[54 FR 49649, Nov. 30, 1989, as amended at 57 FR 33440, July 29, 1992; 58 FR 45813, Aug. 31, 1993; 62 FR 66263, Dec. 18, 1997; 64 FR 10201, Mar 2, 1999; 66 FR 59663, Nov. 29, 2001]

Browse Previous |  Browse Next























































chanrobles.com





ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com