Regulatory & Compliance

The NCUA board is scheduled to consider a one-year delay of the rule at its meeting Thursday.

The proposal, which will be voted on Aug. 2, would retain the agency's definition of "prompt corrective action" during the one-year delay.

The board will also consider final suspension and debarment procedures, and a proposed rule on loans to members.

"We have to pay attention to the biggest U.S. banks."

NAFCU and CUNA officials hope the Senate will include the RBC rule delay in the funding bill.

CUNA officials say they are relieved by the decision.