<p paraeid="{86a6689e-4868-4b07-a7b8-76be0228bec6}{199}" paraid="738692707">CUNA <a href="https://www.cuna.org/content/dam/cuna/advocacy/letters-and-testimonials/2022/042822_CL_NCUA_IFR_PCA_Earnings_Retention_Waivers_and_NW_Restoration_Plans_final.pdf" rel="external" target="_blank" title="PCA Relief Letter" type="PDF"><span style="background-color:#afeeee;">called on</span></a> the National Credit Union Administration (NCUA) this week to provide additional prompt corrective action (PCA) relief that would help credit unions remain operational in the wake of the COVID-19 pandemic. </p> <p paraeid="{86a6689e-4868-4b07-a7b8-76be0228bec6}{226}" paraid="1162972768">“Since we continue to find ourselves in a unique and unprecedented situation given the ongoing pandemic, it is imperative that the agency provide additional flexibility regarding credit union capital,” the letter says. </p> <p paraeid="{86a6689e-4868-4b07-a7b8-76be0228bec6}{226}" paraid="1162972768"><a href="https://news.cuna.org/articles/120895-ncua-should-provide-additional-pca-relief" rel="external"><span style="background-color:#afeeee;">Read more</span></a></p>
