The NCUA's final Town Hall meeting, a Webcast that allowed viewers to ask live questions anonymously, produced new information not addressed in previous town halls.
Proposed corporate rules may include prompt corrective action guidelines for corporates, so the NCUA will have better supervisory tools to deal with declining capital ratios, said General Counsel Bob Fenner.
Fenner also confirmed the agency is contemplating a 10% cap on corporates receiving funding from any source, deposit or loan. However, he said the NCUA recognizes some corporates can't currently comply with that cap, and those corporates would be phased in or giving a chance to submit an action plan.
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