About NCUA
The mission of the NCUA is to facilitate the availability of credit union services to all eligible consumers, especially those of modest means, through a safe and sound credit union system.
Credit Union Data and Applications
In this section, you can find credit unions and research general and financial information. Other statistics, data, and reports include the archived Quarterly Call Reports, Financial Performance Reports, and Share Insurance Queries.
Credit Union Resources and Information
Find and research specific credit unions; locate educational resources on financial literacy, privacy, and identity protection; and read about the regulations that govern credit unions and corporate credit unions.
Regulations, Publications and Reports
This section details the laws and regulations that govern NCUA-insured credit unions. Here you can access current and proposed regulations, regulatory alerts and policy statements, as well as guides, manuals and forms.
News, Media and Events
View the latest news, media and events at NCUA, including newsletters, speeches, and press releases.

Prompt Corrective Action Guidelines

Home > Regulatory, Publications, and Reports > Publications, Manuals & Guides > Prompt Corrective Action Guidelines

Guidelines for Submission of an Application for a PCA Risk Mitigation Credit

This document provides the NCUA Board’s procedure for a federally insured credit union to apply for a prompt
corrective action risk mitigation credit under NCUA Rules and Regulations §702.108.

Guidelines for Evaluation of an Application for a PCA Risk Mitigation Credit

This document provides guidance for NCUA staff to evaluate a federally insured credit union’s application
for a risk mitigation credit under §702.108 of the NCUA Rules and Regulations implementing Prompt Corrective
Action.