NAFCU, NCUA talk supplemental capital

NAFCU representatives were at NCUA Wednesday for a discussion with policy staff on supplemental capital, the subject of an agency proposal expected out this fall.

NCUA Chairman Debbie Matz announced in June that the agency expects to release a supplemental capital proposal that would work with the risk-based capital rule once that is finalized and put into effect in January 2019.

NAFCU supports allowing credit unions access to supplemental capital and has been pushing for that at the regulatory and legislative fronts.

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