The NCUA can offer more flexibility revising existing FOM rules, while the industry and agency can pursue legislative changes on Capitol Hill.
Several key House and Senate committees may call the NCUA to testify about risk-based capital.
The number one priority is an intrusion prevention system.
The NCUA's risk-based capital rule harms credit unions and members by directing earnings to capital with little benefit to members.
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.