{"data":{"id":"us/12-cfr-702.209","jurisdiction":"us","citation":"12 CFR 702.209","heading":"Reserves.","body":"Each new credit union shall establish and maintain such reserves as may be required by the FCUA, by state law, by regulation, or in special cases by the NCUA Board or appropriate state official.","path":["Title 12—Banks and Banking","CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION","SUBCHAPTER A—REGULATIONS AFFECTING CREDIT UNIONS","PART 702—CAPITAL ADEQUACY","Subpart B—Alternative Prompt Corrective Action for New Credit Unions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"16c469272cac46e4545a10a1d473e4da9593517226c74895de09dc8b3c40610a","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-702.208","next":"us/12-cfr-702.210"},"notice":"GroundRules: Original legal text. Not legal advice."}