Editorial commentary on current issues from CU Times' editorial staff and correspondents.
The two-tier RBC ratio doesn’t just raise legal questions ... it poses a very real cost concern for healthy credit unions.
Citing the financial crisis as the catalyst for the NCUA's RBC proposal is an overgeneralization of a complex issue.
From card issuance to ATM upgrades, credit unions can cut implementation costs and still be compliant.
Insufficient capital during the financial crisis helped caused natural person credit union failures that cost the share insurance fund $750M.
Boards must focus on organizational culture, as talent drives long-term results.
Who needs a board and management when the NCUA can manage credit unions remotely through regs like RBC?
The loss of more credit unions is at stake if regulatory burdens do not ease up.
Credit unions can grow lush gardens of members and loans, but only if they aren't viciously pruned by regulators.
NCUA Vice Chairman calls out a recent NAFCU opinion piece that questions the agency's desire to update FOM rules and law.