The 84 credit unions that face fines for late call reports can sign a consent form and pay fines. Or, they can fight them and pay dearly.
Eighty-four credit unions face fines up to $106K for late call reports. Fighting the NCUA could cost them.
CHICAGO — The NCUA chairman says second round of comments coming only if required by law.
The headliner at CUNA's America's Credit Union Conference in San Francisco was compliance.
LOS ANGELES — Learn which asset risk weights will be lowered in the NCUA's final rule.
SAN FRANCISCO – NCUA official Larry Fazio engages CUNA leaders in a discussion on risk-based capital and takes audience questions.
Risk weights for mortgages, member business loans, investments, CUSOs and corporates will likely be reduced in the final risk-based capital rule.
CUNA executives say a recent meeting with NCUA Chairman Debbie Matz on the risk-based capital rule was productive.
Comparing estimates on the cost of the risk-based capital rule is like comparing apples to eggplants.
Some asset classes in the NCUA's risk-based capital proposal, like consumer loans, have better risk weights than Basel III.