Trade group opposes the NCUA's CUSO rule and CUSO risk weighting in its risk-based capital proposal.
Learn the latest on how credit unions are preparing to comply with the rule, including a recent clarification from the NCUA.
LAKE BUENA VISTA, Fla. — NCUA Board Member Rick Metsger and three NCUA staffers spoke on rules affecting CUSOs to a packed house.
LAKE BUENA VISTA, Fla. — Read what leaders think about CUSO strengths and challenges.
NCUA Board Member Rick Metsger's appearance is timely thanks to risk-based capital proposal.
CUSO leaders cry foul on the NCUA's proposed risk-based capital rule because it assigns the highest risk weight to CUSOs.
NACUSO President/CEO Jack Antonini writes in his comment letter the 250% CUSO risk weight is arbitrary and unsupported by data.
NCUA board member will discuss the role of the regulator in managing CUSO investment and operational risks.
Now that the NCUA board has approved a proposal that would require all CUSOs to file financial reports directly with the regulator and the appropriate state supervisory authority, some CEOs of member business lending CUSOs have weighed on what the the changes may mean for their operations.
Association pleased NCUA listened to CUSO concerns, but overall still skeptical about rule.