WASHINGTON–The NCUA board is scheduled to vote this morning on the agency’s revised risk-based capital proposal.
The revised proposal, which drew substantial attention and letters during the comment period, has been on NCUA’s agenda all year reflects numerous changes and alterations after it was put out for comment a second time earlier this year.
As CUToday.info reported here, CUNA continues to outline some key issues it wants to be addressed, while NAFCU is standing firm that the rule is not needed.
If RBC 2 is approved as proposed, the rule would take effect Jan. 1, 2019.
CUToday.info will have complete coverage today.