In the News
Report notes NCUA plans for RBNW rule, sup. capital
NCUA intends to substantially revise the risk-based net worth rule and permit credit unions to issue supplemental capital for risk-based net worth purposes, according to comments by agency Acting Chairman...
Letter repeats support for state regulator on NCUA Board
An NCUA board with five seats – one of which is designated for a person with state credit union regulatory experience – contained in financial regulation reform legislation in the...
Supplemental capital proposal outlined in wide-ranging summary
Although it is titled a “summary,” NASCUS has developed a comprehensive look at the “alternative capital” proposal issued by the NCUA Board at its January meeting; this rule is out...
CO CU receives ‘conditionally’ granted Fed master account
A Colorado credit union chartered to offer financial services to marijuana-related groups was “conditionally” granted a “master account” by the Federal Reserve last week, essentially opening the door – at...