The NCUA board will vote on final rules on capital planning and stress testing, as well as advertising at its April board meeting. The meeting is scheduled for 10 a.m. (ET) Thursday, and video will be streamed live on NCUA.gov.
NCUA’s stress testing rule is designed to more efficient by, among other things, authorizing credit unions to conduct their own stress tests in accordance with the NCUA’s requirements and allowing those credit unions to incorporate the stress test results into their capital plan submissions.
CUNA submitted its comment letter in December, maintaining that credit unions should be exempt from stress testing.
CUNA supports NCUA’s proposed advertising rule to provide regulatory relief, and outlined the various ways the rule would provide relief in its December comment letter.