Home equity lending was up 20% last year alone, according to NAFCU economist.
Had the RBC rule been in effect in 2009, NAFCU says more credit unions would have struggled to remain well-capitalized.
NAFCU Director of Research/Chief Economist Curt Long estimated the NCUA's revised risk-based capital ratio proposal would cost the credit union system a total of $760 million.
Trade group’s analysis shows credit union capital cushions would suffer a $490M hit.
The event featuring NAFCU staff and the NCUA's Larry Fazio will broadcast from 1 to 2:30 p.m. on Friday.
As community bankers push for call report reform, credit unions share their frustrations with the NCUA's process.
LAS VEGAS — See more photos from NAFCU's annual event.
While economists predict big loan gains this year, credit union leaders remain cautious.
The latest CU Times Sharper Pencil article looks at projections credit union lending will grow almost 10% this year.
Comparing estimates on the cost of the risk-based capital rule is like comparing apples to eggplants.