Links in “Risk-Based Capital”
- NAFCU Offers Free Webinar on RBC 2 Proposal
NAFCU is sponsoring a free webinar for both members and nonmembers on Friday, January 23rd from 1:00 to 2:30 pm EST that will feature Larry Fazio, NCUAâs Director of Examination and Insurance, discussing the revised risk-based capital proposal. Fazio is NCUAâs chief architect of the new proposed rule. [1/20/15]
- NCUA Board Claims RBC Proposed Rule Is on Sound Legal Footing
Many commenters to the first proposed RBC rule claimed that the Federal Credit Union Act does not afford NCUA the authority to establish a two-tiered, risk-based net worth standard. NCUA Chair Debbie Matz has countered these concerns by stating that the agency obtained an outside legal opinion before proceeding with the revised proposal. [1/19/15]
- NCUA Board Approved Revised RBC Rule
The NCUA Board has approved a revised risk-based capital proposed rule. While not ideal, it is an improvement over the original proposed rule. Hereâs what you need to know about the revisions and the other actions taken at yesterdayâs board meeting. [1/16/15]
- Trades Claim RBC2 Is Still a Solution in Search of a Problem
While CUNA and NAFCU praise NCUA for incorporating many of their recommendations into the revised risk-based capital proposal, they say that given the healthy capital ratios across the industry, the millions of dollars it will cost to implement the RBC rule just arenât warranted. [1/16/15]
- Revised RBC Rule to Be Unveiled at Todayâs NCUA Board Meeting
Today weâll finally see the outcome of the industryâs intensive lobbying efforts to obtain significant revisions to the original risk-based capital rule that NCUA first proposed last year. A revised RBC rule will be unveiled at todayâs board meeting and the results are expected to be positive. [1/15/15]
- NCUA to Host Webinar on Revised RBC Rule
You may want to mark your calendar to sit in on a webinar that NCUA will be hosting on Jan. 21 at 2 pm EST, when NCUA staff will cover the details of the revised risk-based capital rule. The NCUA Board is scheduled to vote on the revised rule at tomorrowâs Board meeting. [1/14/15]
- Revised RBC Proposal on Next Weekâs NCUA Board Agenda
NCUA has posted the agenda for its January 15 board meeting and the primary agenda item is the revised risk-based capital rule. Chairman Matz was quoted as saying that she thinks that once credit unions have a chance to operate under the new rule theyâll see âthere really wasnât much to be concerned about.â [1/9/15]
- McWatters Supports Supplementary Capital Provision in RBC Proposal
NCUA Board member Mark McWatters has confirmed to CUNA that he would support the addition of a provision in the proposed risk-based capital rule that would provide credit unions the opportunity to use supplemental capital to meet their RBC requirements. The NCUA Board is scheduled to take up the new proposed rule at its January 15th meeting. [12/11/14]
- NCUA Says Revised RBC Rule to Be Issued in January
NCUA announced that it will issue its revised risk-based capital rule at its January 15 board meeting. Chairman Matz stated that the revised proposed rule will have a 90-day comment period. [11/24/14]
- Risk-Based Capital Rule Requires Revision
The NCUA will be revising the risk-based capital rule in January of 2015. Along with the revision will be a second comment period. [11/24/14]
