§ 14400 Credit Union Capital Requirements

• •Equity capital includes the regular reserve account, undivided earnings, any approved earnings accounts, and other capital the commissioner allows.
• •Savings capital is just the money members pay for their shares.
• •The commissioner can say other things count as capital too.

A credit union keeps a regular reserve fund, saves the earnings it hasn't split out yet, and also gets money when members buy shares.

All of those pieces together are called the credit union’s equity capital, while the money members pay for their shares is called the savings capital.