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Risk-based capital proposal on NCUA’s June 20 agenda
Posted: Jun 17, 2019 | Author:
The National Credit Union Administration board will release a proposal on risk-based capital at its June 20 meeting, according to the agenda released Thursday. The proposal is the only item on the agenda. The meeting will be streamed live on NCUA.gov starting at 10 a.m. (ET) June 20.
NCUA finalized a rule delaying implementation of the risk-based capital rule to Jan. 1, 2020, and raised the threshold for risk-based capital compliance to credit unions with more than $500 million in assets.
CUNA previously cited NCUA’s risk-based capital rule as an area in which NCUA could improve its regulations and continues to have concerns with NCUA’s overall approach to risk-based capital.
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