Board Chairman Debbie Matz said the NCUA plans to propose the rules necessary to count supplemental capital as part of modernizing risk-based capital.

“I understand the need for supplemental capital in certain circumstances. And I am committed to allowing supplemental capital to be counted as part of modernizing risk-based capital. So, I am open to proposing the rules necessary to accommodate forms of supplemental capital permitted by law,” Matz said at CUNA’s Governmental Affairs Conference on Monday.

continue reading »