NCUA To Host Risk-Based Capital Hearings Posted by Association of Vermont Credit Unions on 12:38 PM

This week NCUA Board Chairman Debbie Matz announced she will host three Listening Sessions this summer in San Francisco, Chicago and Washington, D.C. Among the topics expected to be discussed is the NCUA’s proposed risk-based capital rule, which would add new capital requirements for federally insured credit unions with more than $50 million in assets. The sessions will take place before that rule is finalized.  Last week, CUNA called for public hearings on the proposed rule to fully vet its impact on credit unions.

All sessions will begin at 9 a.m. local time, run until noon, on the following dates:

• June 26 in San Francisco
• July 10 in Chicago
• July 17 in Washington

Registration will be free online, the NCUA said. Participation will open to the first 150 registrants. Participants will have opportunities to dialog with NCUA board members, senior NCUA staff and supervisory examiners from the NCUA Regions co-hosting each session