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NCUA to Discuss Final Rules on Capital Planning and Advertising
Monday, April 16, 2018 6:45 AM

The NCUA Board will, during its open meeting this Thursday, discuss two final rules on capital planning and stress testing and advertising provisions. The NCUA Board's meeting is slated for 10 a.m. ET.

View the NCUA board meeting agenda.

The NCUA's proposed rule on capital planning and supervisory stress testing would allow covered credit unions to conduct their own stress testing and incorporate those results into their capital plan submissions. The current process requires the NCUA to conduct a stress test even if a credit union conducts one of its own.

The NCUA's proposed advertising rule would revise outdated provisions and allow credit unions greater flexibility in their advertising requirements. Federally insured credit unions are required to use the NCUA's official advertisement statement when advertising, and the proposed rule offered a variant of the official advertising statement. The statement would expand a current exemption from the advertising statement requirement regarding radio and television advertisements and eliminate the requirement to include the advertising statement on statements of condition that are legally required to be published.