CUNA, NAFCU and NASCUS criticize proposal, which would require large credit unions to maintain a stress test capital ratio of at least 5%.
Trade group urges Congress to impose stricter rules, spread financial responsibility to retailers.
This Opinion piece lays out NAFCU's concerns about upcoming NCUA changes in risk-based capital rules.
Appeals may delay final implementation while credit union trade groups watch for fee, other impacts.
Each November, the NCUA puts forth its budget for the following year. Every year, NAFCU has steadfastly pressed NCUA to be vigilant in keeping every possible cost down.
NAFCU expresses appreciation for Yellen's "openness" as bid to succeed Ben Bernanke heads to full Senate.
Bill Hampel, senior vice president and chief economist at CUNA, told Congress Nov. 5 his trade association supports the Corker-Warner bill's general approach to housing finance reform, but he suggested several areas in need of improvement.
I owe the NCUA's public affairs office a round of drinks. Probably more than one.
Trade group cites "unacceptable financial burden" while reinsurers cast wary eye at blanket subsidies.
ABA CEO testifies to Senate banking panel Thursday; NAFCU's Dan Berger warns panel by letter of peril to economic recovery.