Jim Nussle Testifies to HFSC on Regulatory Relief

Also, CUNA’s Ryan Donovan shares a recap of 2016’s 360-degree advocacy victories and charts a path forward.

NCUA Approves Risk-Based Capital Rule

Inclusion of secondary capital in RBC ratio is a big win for Northwest credit unions, but the rule remains “a solution in search of a problem” says Nussle.

NCUA to Discuss RBC2 Final Rule at October 15 Meeting

A vote on the final version of the National Credit Union Administration’s revised risk-based capital proposal is on the agenda for the agency’s October 15 meeting.

Senator Wyden Introduces Bill to Increase Credit Union Lending to Small Businesses

The bill fixes a disparity in how certain real estate loans are classified, allowing credit unions to provide more capital to the small businesses that create jobs and fuel growth in our communities.

NCUA Eases Secondary Capital Supervisory Policies

Changes make it easier for low-income credit unions to obtain secondary capital and give investors greater clarity.

Now is the Critical Moment to File RBC2 Comment Letter

Less than one month left in the comment period for the latest NCUA risk-based capital proposal. Write your letter now.

Compliance Center: NCUA Board Chairman Matz Outlines Five Areas of Regulatory Relief

Matz says supplemental capital, fields of membership among regulatory relief targets; your question answered about cash advances; plus this week’s legal briefs.

New RBC Proposal: What Does it Say, and What’s Next?

Breaking News: The NCUA last week released a much anticipated revised risk-based capital proposal.

From Defense to Offense: The 2015 Regulatory Landscape

New Congress and regulatory cycles open 2015 opportunities to provide regulatory relief and improve the operating environment for Northwest credit unions.

McWatters Favors Secondary Capital, Working Group Formed

NCUA Board Member McWatters wants supplemental capital included in new RBC proposal; Chair Matz announces supplemental capital and field of membership working groups.

RBC, Interest Rate Risk Rule Discussed at Fall Meetings With NCUA

The NWCUA learned that the regulator is taking comments on RBC seriously. Expect new proposal and separate rule for interest rate risk.

NCUA Director Metsger to Address Amplify Convention in Spokane

NCUA Director Rick Metsger, a native Oregonian, returns to the Northwest on October 7, to address the Northwest Credit Union Association’s Amplify Convention and Annual Business Meeting in Spokane. Now one year into his regulatory role, Metsger shares his perspective with Anthem.

NCUA’s Chief Economist to Present at CUES/NWUCA Executive Summit

The NCUA’s chief economist will present an economic outlook and his perspective on interest rate risk management at the Executive Summit in Sunriver later this month. John Worth’s economic forecasts help to determine much of the regulator’s policy.

NCUA’s Mestger Supports Supplemental Capital Legislation, RBC Rule Changes

NCUA Director Rick Metsger announced support for Supplemental Capital in an address to Massachusetts credit unions this week. As well, he reiterated regulator plans to significantly review and adjust the proposed risk-based capital rule.

Time’s Up: Comments on Risk-Based Capital Proposal Must Reach NCUA by Wednesday

Credit unions have until May 28 to comment on the NCUA’s Risk-Based Capital proposal, and those who can’t submit their own letters still have time to add their names to the NWCUA’s strongly worded missive.

U.S. Rep. Derek Kilmer Agrees to Co-Sponsor Supplemental Capital Bill

U.S. Rep. Derek Kilmer will add his name to the Capital Access for Small Businesses and Jobs Act, becoming the fifth member of the Northwest congressional delegation to support giving credit unions access to supplemental capital.

Keesee Urges Nation’s Small Credit Unions to Comment on Risk-Based Capital Proposal

NWCUA Board Chair Debie Keesee is urging the nation’s small credit unions to add their voices to the debate over the NCUA’s Risk-Based Capital proposal, saying that “if adopted as proposed, it will have significant negative impact on the movement, including small credit unions like yours.” Keesee, president and CEO of Spokane Media Federal Credit Union, wrote the letter on behalf of CUNA’s Small Credit Union Committee, which she chairs.

Northwest Credit Union Execs in D.C. to ‘Hike the Hill’

Northwest credit union executives are in Washington, D.C., this week to meet with U.S. representatives, senators and federal regulators as part of the Northwest Credit Union Association’s “Hike the Hill” program. On the agenda: housing finance reform, merchant data breaches and the NCUA’s Risk-Based Capital proposal.