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NASCUS has consistently encouraged the federal credit union regulator, Congress and others to consider capital reform for credit unions as a tool for enhancing safety and soundness. The current unpredictable economic environment and recent actions by Congress prompted the NASCUS Board of Directors to determine that now is the time to achieve legislative and regulatory amendments allowing credit unions access to supplemental capital and other capital reform measures.
Research, White Papers, Information
Q&A on Supplemental Capital for Credit Unions - NASCUS answers commonly asked questions about suppplemental captial for credit unions. (December 2008)
Alternative
Capital for Credit Unions ... Why Not? -
The NASCUS Capital Modernization Subcommittee white paper presents both debt
and equity models for alternative capital.
The alternative capital instruments
discussed in the paper are designed
specifically to preserve the not-for-profit,
mutual, member-owned and cooperative
structure of credit unions.
Filene Research Institute Releases Study Making Case for Alternative Capital for Credit Unions
In a NASCUS supported study, the Filene Research Institute makes the case for expanded sources of credit union capital in the newly released Alternative Capital for U.S. Credit Unions? A Review and Extension of Evidence Regarding Public Policy Reform.
read more>
Press Releases and News
December 8, 2009
Matz Encourages Chairman Frank to Address Credit Union Capital Issues
December 1, 2009
NASCUS Discusses Supplemental Capital with Pennsylvania Credit Union Association Leaders and Members
April 16, 2009
NASCUS to Discuss Supplemental Capital at NCUA 75th FCU Act Anniversary Event
March 2, 2009
NASCUS Leadership Visits Senate with Credit Union Capital Reform Message
December 12, 2008
NASCUS Continues to Advocate Supplemental Capital on the Hill
December 8, 2008
NASCUS Encouraged by NCUA’s Willingness to Consider Supplemental Capital Options for Credit Unions
November 14, 2008
NASCUS: Now is the Time for Supplemental Capital for Credit Unions
October 21, 2008
NASCUS Tells Congress Now is the Time for Capital Reform in Credit Unions
March 6, 2008
NASCUS Chairman Highlights Capital Modernization as Critical Element of Credit Union Regulatory Relief at March 6 Hearing
Letters and Correspondence to Congress Regarding Capital Reform
Date |
Subject |
Links
(pdf format) |
11/14/08 |
Letter to Congressional Finance Committee leaders from the NASCUS Board and state regulators regarding supplemental capital |
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10/21/08 |
House Financial Services Committee October 21 Hearing "The Future of Financial Services Regulation" NASCUS submission focused on capital reform. |
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3/6/08 |
House Financial Services Committee March 6, 2008 Hearing "The Need for Credit Union Regulatory Relief and Improvement" |
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