The NCUA board in January will take the first steps towardconsidering a plan to allow credit unions to raise supplementalcapital, but staff members warned that the proposal is fraughtwith potential stumbling blocks.
The board agreed on Thursday to issue a notice of proposedrule-making in January. That will allow stakeholders to comment onthe proposal before proposed rules are issued, which would givestakeholders another opportunity to comment.
Credit unions have said that their growth is hampered by theinability to raise supplemental capital.
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