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.
The publication has helped shine a light on many noteworthy events and issues.
Had the RBC rule been in effect in 2009, NAFCU says more credit unions would have struggled to remain well-capitalized.
Bill would expand RFA rules that requires agencies to review regulation impact on small businesses.
NAFCU calls amount “astronomical,” CUNA mum on what it spent on a separate legal opinion on risk-based capital.
Proposed rule raises many questions that deserve fact based answers.
The NCUA should attempt to update its field of membership rules before taking FOM to Capitol Hill.
Rule would expand the definition of small creditor and increase loan origination limits.
The two-tier RBC ratio doesn’t just raise legal questions ... it poses a very real cost concern for healthy credit unions.