NCUA Board Member J. Mark McWatters says the rule lacks legal authority.
Jan. 21 session will cover the differences between the new and originally proposed risk-based capital rule.
In addition to risk-based capital, look for changes to MBL waivers, cost-benefit accountability and data security.
NCUA Vice Chairman calls out a recent NAFCU opinion piece that questions the agency's desire to update FOM rules and law.
NCUA board adds the rule to its monthly board agenda.
NCUA Vice Chairman directs staff to create guidelines requiring providing encrypted data to the agency, state examiners.
Budgets decline for Matz, McWatters and Metsger for fiscal year 2015.
Congressmen question DOJ settlement with big banks that encourage donations to 'activist groups.'
The NCUA board will likely approve the 2015 budget at its monthly meeting on Nov. 20.
Company is in the process of testing and certifying issuer processors that support more than 1,000 credit unions.