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CUNA RBC2 Webinar and Online RBC2 Calculator
Wednesday, January 28, 2015 6:20 AM

On Monday, more than 600 credit unions tuned into Credit Union National Association's webinar on the National Credit Union Administration's revised risk-based capital proposal (RBC2). NCUA Examination and Insurance Director Larry Fazio presented his thoughts on the changes proposed; CUNA Chief Policy Officer Bill Hampel presented preliminary findings of his economic analysis on the impact of the rule; and Deputy General Counsel Mary Dunn summarized the approximately 25 key changes CUNA has identified in the new proposal.

Afterward, CUNA announced it had made a special calculator available on its website so that credit unions can determine their own capital levels under the revised RBC proposal. In addition, CUNA will make available a detailed summary and chart of the proposal, and continue to update the CUNA Risk-Based Capital Blog and other online resources so credit unions can stay up-to-date on the latest information.