CUNA
  • Advocacy
    • Priorities we’re fighting for
    • Actions you can take
  • News
  • Learn
  • Compliance
  • Shop
  • CUNA News
    • Policy & Issues
    • CU System
  • Credit Union Magazine
    • Technology
    • Lending
    • Compliance
    • Marketing
    • Management
    • Operations
    • Human Resources
    • Volunteers
  • Advertise
  • Contact
  • Subscribe
  • Buyers' Guide
  • Awards
    • CU Rock Star
    • CU Hero
Learn More about Member Value

News

Member Benefits
Learn more
Learn more about the benefits of membership.
Home » MBL proposal comments sought by CUNA, Aug. 20 webinar set
Policy & Issues

MBL proposal comments sought by CUNA, Aug. 20 webinar set

August 6, 2015

WASHINGTON (8/6/15)--CUNA will present a webinar Aug. 20 on the National Credit Union Administration’s member business lending (MBL) proposed rule, which is open for comment through Aug. 31.

The free webinar will be hosted by CUNA Chief Advocacy Officer Ryan Donovan, Chief Policy Officer Bill Hampel and Senior Director of Advocacy Lance Noggle.

The NCUA proposed the rule at its June board meeting, and it would remove almost all MBL requirements not present in the Federal Credit Union Act. It would create a new category of “commercial” loans for safety and soundness purposes and use the category of MBLs for compliance with the Federal Credit Union Act’s limitations on member business lending.

CUNA is accepting comments on the proposal through Aug. 24, and is seeking feedback on the following questions:

  • Do you believe that the switch from a prescriptive rule to a principle-based rule will provide you more flexibility in making business loans?  Why or why not?
     
  • Will the adjustments in the calculations of loans that count for the MBL statutory cap assist your credit union in making more MBLs?
     
  • Does the proposed rule provide you with sufficient clarity to know what will be required in your policies/procedures?  How will the proposed rule affect your current lending practices/policies?
     
  • Are you comfortable that your examiner will be able to examine your portfolio and policies utilizing a principle-based rule?
     
  • Does the removal of the waiver process benefit your MBL program?
     
  • Does the distinction between commercial loans and member business loans benefit your MBL program?
     
  • Will your credit union need to create a credit risk rating system or credit grading system in order to comply with the proposed rule?

CUNA has also provided additional resources on the proposal, including a detailed summary, and is encouraging credit unions to submit their comments to the NCUA via PowerComment.

The webinar is scheduled from 1 to 2 p.m. (ET) Aug. 20, and registration is currently open.

  • Related Articles

    One week to CUNA’s MBL webinar: Comments due Aug. 31

    Register for today’s webinar on NCUA MBL proposal

    Comments on NCUA MBL proposal due Aug. 31

This Month Payments: Perils and Promise

Payments: Perils and Promise

The payments arena offers new opportunities to connect with members.
Cards Are (Still) King

Cards Are (Still) King

Credit and debit cards still drive the competitive payments market.
Open Banking on its Way

Open Banking on its Way

Prepare for the impact it will have on member relationships and competitive positioning.
App Digital Edition Subscribe

Trending

  • Compliance: CUNA offers webinar series on Regulation Z

  • Senate OKs CUNA-backed disapproval of CFPB lending bulletin

  • CUNA backs Senate use of CRA for CFPB lending bulletin

Tweets from @CUmagazine and @CUNA_News

Polls

How often do you talk to the board about compensation?

View Results
More

Champion of America’s Credit Unions

Credit Union National Association is the only national association that advocates on behalf of all of America’s credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • About
  • Careers
  • Contact Us
  • Recommended Websites

Resources for

  • Credit Union Advocates
  • Leagues
  • Press
  • Vendors