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Credit Unions Get Second RBC Comment Period

Sep
30
Credit Unions Get Second RBC Comment Period

Missouri credit unions will have another chance to weigh in on the Risk Based Capital proposal. The National Credit Union Administration (NCUA) announced their plan on September 29, stating that substantial changes in the proposal called for a second comment period.

Posted By Brianna O'Hara read more

NCUA's McWatters Says New RBC Comment Period is Needed

Sep
22
NCUA's McWatters Says New RBC Comment Period is Needed

National Credit Union Administration (NCUA) Board member J. Mark McWatters, in a meeting with senior Credit Union National Association (CUNA) staff Thursday, September 18, 2014, confirmed that he would not vote in favor of any risk-based capital (RBC) proposal if it does not include a second comment period.

Posted By Sharon Bahr read more

Luetkemeyer Tells Credit Unions: NCUA Asked Congress “Not to Do Its Job”

Sep
15
Luetkemeyer Tells Credit Unions:  NCUA Asked Congress “Not to Do Its Job”

As a member of the House Financial Services Committee, Missouri Congressman Blaine Luetkemeyer (R-District 3) is known on Capitol Hill for focusing on regulatory relief. However, when Luetkemeyer attempted to address credit union concerns with the National Credit Union Administration’s (NCUA) Risk-Based Capital (RBC) proposal, he hit a roadblock from the regulator. Leutkemeyer recounted

Posted By Nora Revie read more

MCUA Files Comment Letter to NCUA on Reducing Regulatory Burdens on Appraisals

Aug
26
MCUA Files Comment Letter to NCUA on Reducing Regulatory Burdens on Appraisals

On August 25, 2014, the Missouri Credit Union Association (MCUA) filed a comment letter with the National Credit Union Administration (NCUA) on a proposal aimed at reducing regulatory burdens associated with appraisals.

Posted By Sharon Bahr read more

MCUA-Advocated Fixed Assets Rule Improvements Proposed

Aug
05
MCUA-Advocated Fixed Assets Rule Improvements Proposed

In a positive step, the National Credit Union Administration (NCUA) Board approved a proposed rule at its board meeting to amend the agency's fixed assets regulation to help federal credit unions better manage their fixed assets.

Posted By Sharon Bahr read more

RBC Proposal Dominates NCUA’s Listening Session

Jul
15
RBC Proposal Dominates NCUA’s Listening Session

The Missouri Credit Union Association was on hand to represent Missouri interests at the National Credit Union Administration’s (NCUA) Listening Session in Chicago on July 10. As predicted, the Risk-Based Capital (RBC) proposal was the main focus of the discussion for the 160 people in attendance. After initial remarks from the regulators, credit union attendees had the floor to address their concerns.

Posted By Nora Revie read more

MCUA Files Field of Membership Comment Letter

Jul
08
MCUA Files Field of Membership Comment Letter

The Missouri Credit Union Association (MCUA) filed a comment letter with the National Credit Union Administration (NCUA) on June 30, 2014, addressing the agency’s field of membership (FOM) proposed rule.

Posted By Sharon Bahr read more

Sen. Blunt Sends RBC Letter to NCUA

Jun
30
Sen. Blunt Sends RBC Letter to NCUA

The efforts made by credit union advocates during Missouri Hike the Hill are showing positive results. Just one week after meeting with credit union leaders in Washington, D.C., Senator Roy Blunt (R) sent a letter expressing concer

Posted By Nora Revie read more

Missouri's Hike the Hill Brings Credit Union Messages to D.C.

Jun
24
Missouri's Hike the Hill Brings Credit Union Messages to D.C.

It was a very busy Hike the Hill for Missouri volunteers and staff members in Washington, D.C.

Posted By Nora Revie read more

Missouri's Credit Union Leaders Hike the Hill

Jun
17
Missouri's Credit Union Leaders Hike the Hill

Credit union leaders are in Washington D.C. for Missouri Hike the Hill this week.  A full day of visits on Capitol Hill takes place on June 18, with meetings scheduled with all ten Missouri U.S. Senate and House offices.  Participants are also visiting the National Credit Union Administration (NCUA) offices for board meeting on June 19.

Posted By Nora Revie read more

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