NCUA Board Member J. Mark McWatters calls the NCUA's legal argument supporting the authority weak.
Together, large and small credit unions can generate awareness, advocacy and assistance
Sen. Richard Shelby (R-Ala.) asks why NCUA is not allowing stakeholders to comment during public hearings.
NCUA's Fazio tells Senate Banking Committee 77% of credit unions could gain regulatory relief.
Proposed and potential rules from the NCUA, CFPB and others are front and center in credit union strategic planning.
Had the RBC rule been in effect in 2009, NAFCU says more credit unions would have struggled to remain well-capitalized.
Several key House and Senate committees may call the NCUA to testify about risk-based capital.
Read the entire opinion from Washington law firm Paul Hastings that supports the NCUA's risk-based capital authority.
Chairman Matz and Board Member McWatters publicly accuse each other of violating a legal confidentiality agreement.
NAFCU calls amount “astronomical,” CUNA mum on what it spent on a separate legal opinion on risk-based capital.