ALEXANDRIA, Va.—A proposed rule on risk-based capital will be addressed this Thursday by NCUA at its open board meeting.
A provision to delay the NCUA's current risk based capital rule by two years has passed the House three times in several pieces of legislation. The delay is a priority for the trade groups, which have been advocating for the change in RBC rule implementation from Jan. 1, 2019 to Jan. 1, 2021.
Also on the agenda for the meeting that begins at 10 a.m. ET:
- Discussion of the federal credit union loan interest rate ceiling, which expires Sept. 10.
- 2018 mid-session budget
- Proposed rule on loans to members
- Final suspension and debarment procedures
CUToday.info will provide complete coverage.