New Program Seeks to Resolve What’s Seen as a Growing Interest Rate Risk Threat to Many CUs

ALPHARETTA, Ga.–To address what one company said is a growing interest r ate risk threat that is going to start appearing in NCUA’s NEV tests as rates rise, a new Capital Market CD (CMCD) program has been introduced that has NCUA’s support.
The company said NCUA is well aware of the problem and it is a “big concern.”
CU Capital Market Solutions said in simple terms the program works this way:
Interest payments are made to US Bank as Trustee, and all money flows through US Bank.
Additional information can be found at www.cucapitalmarketsolutions.com