NCUA Finalizes Risk-Based Capital Rule

After 2,100 comment letters, several town hall meetings, pressure from Congress to delay finalization, the NCUA Board voted yesterday to approve a final rule on risk-based capital that reflects only minor changes from the proposed RBC2.  The final rule reduces the risk weighting for most investments in CUSOS and for charitable donation accounts to 100%.  The final rule is effective 1/1/19. [10/16/15]