ALEXANDRIA, Va.—This will be a busy week for credit unions in Washington.
NAFCU will be hosting its Congressional Caucus Tuesday-through-Thursday, with a full slate of members of Congress on the agenda. Among the speakers will be Sen. Sherrod Brown (D-OH), the ranking member of the Senate Banking Committee; Sen. David Vitter (R-LA), chair of the Senate Committee on Small Business and Entrepreneurship; Rep. Patrick McHenry (D-SC), chief deputy majority whip in the House; Rep. Randy Luekemeyer (R-MO), chair of the House Financial Services Subcommittee on Housing and Insurance, and numerous members of the House Financial Services committee.
Meanwhile, NCUA has released its agenda for the Sept. 17 open board meeting, and the agency’s final risk-based capital rule won’t be coming up for a vote this month.
A source with insights into the NCUA had informed CUToday.info that the agency was considering placing the controversial rule on the September agenda for a vote. (Final RBC Rule Up For Board Vote In September?)
At the meeting this week NCUA will address:
- The Corporate Stabilization Fund quarterly report
- Charlotte Metro Federal Credit Union’s request to expand its community charter
- Final Rule, Part 704, Aggregate Lending Limit for Corporate Credit Unions
- Final Rule, Part 747, Implementing Statutory Inflation of Civil Money Penalties
- Final IRPS 15-1 and Final Rule, Part 791.8(a), Regulatory Flexibility Act Asset Threshold
