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The Advocate Blog

Risk-Based Capital Rule Comments Due 90 Days From Today; Special Education Session at League Annual Meeting to Cover NCUA Proposal

The risk-based capital rule proposed by the National Credit Union Administration at its February open board meeting -- and hotly discussed by credit unions since – has been published in the Federal Register, signaling thestart of the 90-day comment period. The Credit Union National Association urged... More

Tax Committee Staff Clarifies: No Intention to Impose Additional Tax on CUs -Including UBIT

The specific credit union tax status is left untouched in a tax reform plan released Wednesday by House Ways and Means Committee Chairman Dave Camp (R-Mich.), and staff of the tax writing committee have clarified that the proposal has "no intention of imposing any additional taxes on credit unions."... More