NCUA Chairman Debbie Matz has scheduled a specially focused meeting for 2:00 p.m. on 11/5 to discuss the status of corporate credit unions’ capital accounts
and other issues related to corporate credit unions. Matz invited all corporate credit unions and trade associations to attend the meeting at NCUA headquarters.
The NCUA chairman has asked senior NCUA staff to explore the issue of the corporates' contributed capital accounts being replenished if losses don’t fully
materialize as projected. The meeting takes place two weeks before a regular NCUA board meeting on 11/19, where a proposed rule to strengthen corporate credit union regulations will be considered.
Matz is also holding a “Virtual Town Hall Meeting” via webinar today, October 22, from 3:00-4:30 p.m. All interested parties can register for free.
That's All Folks!
5 years ago
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