Important regulatory update


Credit unions are currently facing one of the most difficult regulatory challenges that we have seen in many years. The new Risk Based Capital Proposal from NCUA is a clear overreach by the regulator to manage credit unions, not to engage in safety and soundness regulation. 

The proposed rules will dictate the composition of a credit union's balance sheet. This will limit the types of products available to credit union members. The risk based capital requirements will change with your balance sheet and may quickly introduce PCA action should predetermined limits not be met. 

Please join us this Thursday, April 10, for a very important webinar to discuss the impact of these rules on your credit union and what steps the Association is taking on your behalf. We need your help now more than ever to let NCUA know that this proposed rule making is harmful to credit unions and their members.

Risk Based Capital NCUA Proposal Webinar
When: Thursday, April 10, 10 am

1. To join meeting.
2. Use your microphone and speakers (VoIP) - a headset is recommended. Or, call in using your telephone.
United States (Toll-free): +1 (267) 507-0015
United States: +1 (267) 507-0015
Access Code: 269-848-901
Audio PIN: Shown after joining the meeting
Meeting ID:269-848-901

I look forward to having you participate on this webinar. Should you not be able to participate, please met me know and we will provide the information necessary for you to take action.

Thank you,

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