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MCUA’s Comment Letter Voices RBC2 Concerns

Apr
27
MCUA’s Comment Letter Voices RBC2 Concerns

On behalf of Missouri’s credit unions, the Missouri Credit Union Association (MCUA) submitted a five-page comment letter outlining several areas of concern with the National Credit Union Administration’s (NCUA) revised risk-based capital proposal (RBC2). The comment period closed on April 27. 

Posted By Nora Holloway read more

MCUA Comments on NCUA's EGRPRA Reveiw

Mar
24
MCUA Comments on NCUA's EGRPRA Reveiw

The Missouri Credit Union Association (MCUA) filed a comment letter on March 19, 2015, with the National Credit Union Administration (NCUA) on its Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) regulatory review. The comment letter addressed issues with the agency

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New Risk-Based Capital (RBC2) Proposal Released

Jan
20
New Risk-Based Capital (RBC2) Proposal Released

The Missouri Credit Union Association (MCUA) and Missouri credit union leaders, along with the rest of the credit union community, are reviewing the highly anticipated revised Risk-Based Capital (RBC2) proposal from the National Credit Union Administration (NCUA). The proposal was released on January 15, and credit union representatives will have the opportunity to weigh in on the changes during a comment period.

Posted By Nora Holloway read more

MCUA Files Comment Letter on Interagency Flood Insurance Rules

Jan
12
MCUA Files Comment Letter on Interagency Flood Insurance Rules

The Missouri Credit Union Association (MCUA) filed a comment letter with the National Credit Union Administration (NCUA) on December 29, 2015, addressing the proposed interagency flood insurance rule.

Posted By Sharon Bahr read more

NCUA's Final Board Meeting of 2014

Dec
09
NCUA's Final Board Meeting of 2014

The National Credit Union Administration's (NCUA) Board will meet for the last time in 2014 on Thursday, December 11. The main item on the agenda is a final rule on appraisal exemptions.

Posted By Sharon Bahr read more

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.

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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

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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

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