Two out of three IRR guidance possibilities require additional capital from credit unions.
Trade association took on an advocacy role to accommodate an evolving industry.
Final guidance on the FASB's CECL model is expected to be released this year; credit unions should begin to plan for the transition.
Basel Committee guidance for loan loss could mean big changes for U.S. credit unions.
WOCCU warns the Basel Committee's guidance could change how U.S. credit unions account for credit losses.
New credit risk measurement proposal could put bank loans out of reach for some smaller CUs, WOCCU says.
Winning a legal battle against the NCUA is a long shot. So why waste industry resources on legal opinions?
International credit union trade group cautions that the NCUA and other U.S. regulators often implement Basel ideas.
New Basel guidance for weak institutions recommends risk-based capital for all.
As May 28 comment deadline looms, reaction runs deep to risk-based capital rule from NCUA.