CHICAGO (7/8/14)--A capacity crowd of 169 will be at the National Credit Union Administration's second 2014 Listening Session, which will be held in Chicago Thursday after demand boosted registration past its original 150 seats.
The first session took place June 26 in Los Angeles, and while the floor was open to any topic, the NCUA's risk-based capital proposal dominated the discussion. Responding to dozens of questions from credit union advocates at the Los Angeles session, NCUA Chair Debbie Matz said that "everything is on the table" regarding changes to the proposal, and that there is no rush to the finish line when it comes to the proposed rule (News Now June 27).
The Chicago session will be attended by Matz, as well as board member Rick Metsger. Board member Michael Fryzel, who will be succeeded by the recently confirmed J. Mark McWatters, is also expected to be in attendance.
The session will run from 1 to 4 p.m. (CT). It will not be broadcast online, but the NCUA does plan to post recordings of the proceedings on its website over the next few weeks.
A final Listening Session is scheduled 1 to 4 p.m. (ET) July 17 at the NCUA headquarters in Alexandria, Va.