Archive

Go to:

October 2017
SMTWTFS
1234567
891011121314
15161718192021
22232425262728
293031
< Sep Nov >
Leaguer Email Subscription

You are not currently subscribed. Click Subscribe below to receive the Leaguer email.

Yashewski Talks Comments on CreditUnions.com
Tuesday, February 17, 2015 6:50 AM

Last week on CreditUnions.com, Cornerstone Credit Union League SVP Regulatory Compliance Counsel Suzanne Yashewski was quoted in its blog post, "Comment Now, Comment Later."

The post reminded readers that while the NCUA’s new risk-based capital rule dominates discussion about credit union regulations, there’s much more on the docket.

Every year, the agency reviews a third of its regulations, a rolling process it says is part of its overall effort to "streamline, modernize, or where appropriate, eliminate regulations." This year’s list is now online, along with instructions on how to get comments in by the Aug. 3 deadline.

League and trade group executives, consultants, and attorneys pointed to several areas they deem particularly ripe for review, including field of membership, lending, and bylaw rules. But they also noted a big deadline before that: April 27, for comments on the revised RBC rule.

Yashewski noted that Cornerstone-member credit unions in Texas, Arkansas, and Oklahoma submitted 200 comment letters after the first RBC rule was proposed.

"We’re certainly hoping they'll come through again," Yashewski said. Meanwhile, Cornerstone will comment on the regulatory review list ahead of that August deadline. "This is a perfect opportunity to push for changes you’d like to see," she added.

To view what's on top during the next few months, go to Cornerstone's Comment Letters Section. Members will need their ID and password to access the information.

If you have any questions or would like more information on any proposal, please feel free to contact Suzanne Yashewski at syashewski@cornerstoneleague.coop or (512) 853-8516.