The Credit Union National Association (CUNA) continues to seek comments on the National Credit Union Administration's (NCUA) “small entity” proposal, and has also requested a 30-day extension of the comment period so that credit unions can provide more complete feedback and information. NCUA’s proposal would amend the agency’s definition of a "small entity," by increasing the asset threshold from $10 million to $30 million. The agency would revisit this threshold at least every three years. The proposed asset threshold of $30 million would also provide regulatory compliance relief for smaller credit unions under two regulations that reference the current "small entity" asset threshold of $10 million, under the risk-based net worth requirements and interest rate risk final rule. CUNA’s regulatory comment call on the proposal is available here.