NCUA Boardroom. (Photo: NCUA) NCUA Boardroom. (Photo: NCUA)

A day after the NCUA published a report that found nearly 25% of all federally insured credit unions were at risk of experiencing negative financial and physical impacts due to natural hazards, board members voted 2-1 to approve a request for information (RFI) to find out more about the issue from credit union leaders.

According to NCUA officials, the RFI is not any sort of proposed policy change, but is the board officially asking credit union stakeholders for their “comments on opportunities to enhance its supervision and regulation of each regulated entity’s management of such risks.”

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Michael Ogden

Editor-in-Chief for CU Times.

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