NCUA Loan Participations Proposal Survey
1.
Listed below are a number of statements related to the NCUA proposal regarding loan participations. Please indicate how strongly you agree or disagree with each statement:
Agree
strongly
Agree
somewhat
Disagree
somewhat
Disagree
strongly
There is a need for a new rule on loan participations.
NCUA has provided sufficient justification for the proposal.
The proposal should apply to state chartered credit unions.
Whatever limit which may be established for loan participations involving one
originator
,
waivers from the limit should be allowed.
There should be
some
limit on loan participations from one
originator
.
The 25% of net worth limit on loan participations from one
originator
is a fair limit.
There should be
some
limit on loan participations from one
borrower
.
The 15% of net worth limit on loan participations from one
borrower
is a fair limit.
2a.
If you agree there should be some limit on participations involving one
originator
, but do not agree with the 25% limit, what would you propose the limit be?
Limit on participations for one
originator
:
2b.
If you agree there should be some limit on participations involving one
borrower
, but do not agree with the 15% limit, what would you propose the limit be?
Limit on participations for one
borrower
:
3.
How concerned are you about possible inefficiencies in NCUA's waiver process?
Very concerned
Somewhat concerned
Not concerned
4.
Please share any suggestions you have that might help improve NCUA's waiver process.
5.
Please indicate how strongly you agree or disagree with each of the following statements:
Agree
strongly
Agree
somewhat
Disagree
somewhat
Disagree
strongly
Credit union should be permitted to purchase participations involving loans that
have been made using different underwriting standards than those of the
purchasing credit union.
I agree with NCUA's analysis regarding the impact of the proposal on
small credit unions under the Reg Flex Act.
I agree with NCUA's analysis regarding the Paperwork Reduction Act.
6.
Are you with a credit union or a league?
Credit union
League
7.
(If applicable) What is your credit union's asset size?
Less than $5 million
$5 million to $10 million
$10 million to $20 million
$20 million to $50 million
$50 million to $100 million
$100 million to $200 million
$200 million to $500 million
$500 million to $1 billion
$1 billion or more
8.
Please provide any additional comments or concerns you may have about NCUA's proposal on loan participations.
Thank you for your efforts in responding.