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]