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 the NCUA from the start to address credit unions' "deep-seated concerns" regarding the risk-based plan. In fact, CUNA President/CEO Bill Cheney encouraged the regulators earlier this month to hold public hearings on the plan. [read more]
> As we announced this week, we've also scheduled a special session on this topic for April 3 at the League Annual Meeting. Presenters for this session will be the movement's foremost experts (outside of NCUA) on this proposal – CUNA's Mary Dunn and Bill Hampel. You need not be registered for the League Annual Meeting to attend this one education session, but we do ask – whether registered for the Annual Meeting or not – that you drop us an email at email@example.com to let us know you plan to attend.
This will aid us in booking sufficient meeting space.
[related: CUNA, League Announce Tool to Drive Home CU Compliance Concerns: GAC]