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.
Chairman Debbie Matz says the agency will change "more than a few" risk weights proposed.
CUNA and NAFCU refute a Wall Street Journal article critical of credit union asset management.
Read five major concerns trade associations air in their risk-based capital comment letters to the NCUA.
In bid for transparency, bureau says it will open credit union council and others, "the same way most other agencies allow."
DETROIT – Most federation members are too small to comply with the rule, but they could grow into it.
Proposed rule requires largest credit unions to maintain a 5% stress test capital ratio.
Proposed extension allowing estimated fee disclosures won't make remittance compliance any easier.
NAFCU, CUNA say regulatory impact is real and growing, despite NCUA testimony on Tuesday.