The NCUA Board approved a revised risk-based capital rule at the agency's Jan. 15 board meeting, which reduced the number of credit unions subject to the new capital requirements and lowered the well-capitalized standard by 0.5%.
The financial crisis may seem like a thing of the past nowadays, but in the words of a philosopher, “those who do not remember the past are condemned to repeat it.”
The event featuring NAFCU staff and the NCUA's Larry Fazio will broadcast from 1 to 2:30 p.m. on Friday.
ALEXANDRIA, Va. — NCUA Chairman Debbie Matz says she contacted 11 law firms nationwide for feedback.
ALEXANDRIA, Va. — The NCUA removes the controversial provision from its new RBC rule, but NAFCU says exam concerns remain.
ALEXANDRIA, Va.—NCUA Board Member J. Mark McWatters says the rule lacks legal authority.
ALEXANDRIA, Va.-The NCUA Board's revised risk-based capital rule lowers consumer loan and MBL requirements and removes IRR.
NCUA board adds the rule to its monthly board agenda.
Trade group also cites national data security as a pressing concern.
Former NCUA board member urges agency to release more details on the cause and cost of the Palm Springs FCU breach.