Four credit unions have announced core processing conversion completions or commitments in recent days.
Current NCUA Board Chairman Debbie Matz and Dennis Dollar, former chairman, share different views on the topic.
Episys, Sharetec each pick up two, while Fiserv loses three and CU*Answers one.
A provision in the risk-based capital proposal gives NCUA examiners more authority.
As May 28 comment deadline looms, reaction runs deep to risk-based capital rule from NCUA.
Read why industry leaders think parity of Basel III is inappropriate for credit unions and what the NCUA should do instead.
Three New Jersey credit unions form a CUSO and convert their core processing to Corelation.
As written, the NCUA's risk-based capital rule tilts the playing field toward banks.
The $573M California credit union switching to Symitar's Epsys core system from Fiserv's Acumen.
The $27M Minnesota credit union is now running on the CU*BASE system.