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SAN FRANCISCO – A second comment period for the risk-based capital proposal would be necessary if the NCUA makes major changes to the final rule, according to CUNA Senior Vice President of Legislative Affairs Ryan Donovan.

“The comment period has been closed a month and they received 2,000 plus comments – many of them were quite long and complicated. I’m not sure that right now they need to be saying more. I would hope they are doing what Larry [Fazio] said they’re doing, which is analyzing all of the comments and figuring out what might work in a revision,” Donovan told CU Times after he participated in a panel session on the topic at CUNA’s America’s Credit Union Conference.

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