Calling the proposed rule's $50M complexity threshold arbitrary, CUNA says credit unions of that size are small and probably simple.
Webinar will focus on ways the NCUA could improve its risk-based proposal before the rule is finalized.
Credit union trade associations join forces to ask the NCUA for an 180-day comment period on its risk-based capital proposal.
Trade association officials say NCUA's public listening sessions are a good sign the regulator will listen to industry input.
Director Richard Cordray said the bureau hasn't yet implemented all Dodd-Frank mandates and may require new reports.
CUNA told the NCUA in a comment letter on Friday that the agency’s proposed diversity standards would place a burden on credit unions.
Despite risk-weighting and 7% leverage ratio, the NCUA can require whatever it wants of your credit union’s capital.
After 1 in 7 credit unions filed quarterly 5300 reports late, the NCUA announces it will start fining violators.
While most agree credit unions should file reports on time, industry leaders also think regulator's fines are heavy handed.
Deputy General Counsel Mary Dunn says CUNA concerned about risk-based capital proposal details, which the NCUA has not shared with trades.