LAKE BUENA VISTA, Fla. — How much is it going to cost? How will it benefit members? Will it save credit unions time and money?
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.
Entrepreneur Robert Herjavec will also judge NACUSO/Filene Next Big Idea Competition; contest entry deadline is Feb. 15.
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.
Community Mortgage Funding CEO Andrea Blais takes helm.
In collaboration with Filene Research Institute, NACUSO is gearing up for its 2014 Next Big Idea Competition.