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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.

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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.

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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.

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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.

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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

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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.

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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.

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RBC Front and Center as NCUA Continues to Sort Through Record Number of Comment Letters

Jun
11
RBC Front and Center as NCUA Continues to Sort Through Record Number of Comment Letters

The number of comment letters related to the National Credit Union Administration's (NCUA) RBC proposal continues to grow. NCUA said more than 2,050 people wrote to the agency, a number that seems to increase by the day as the agency sorts through letters submitted before the May 28 deadline. The Missouri Credit Union Association (MCUA) submitted their comment letter. The U.S.

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Missouri Sounds Off on Risk-Based Capital Proposal

Jun
03
Missouri Sounds Off on Risk-Based Capital Proposal

Credit unions across Missouri and the Missouri Credit Union Association (MCUA) weighed in with concerns about the National Credit Union Administration (NCUA) Risk Based Capital (RBC) proposal. As the comment period closed on May 28, NCUA received more than 2,000 comment letters regarding the proposal.

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