WASHINGTON (6/23/14)--This week, the National Credit Union Administration kicks off its three Listening Sessions on the agency's risk-based capital proposal.
A Los Angeles session is June 26. July 10 is Chicago. And the final forum is in Alexandria, Va. on July 17.
"It is important that the agency board members hear from as many credit unions as possible during this next phase," reminds Credit Union National Association interim President/CEO Bill Hampel. He noted that just last week CUNA had a series of positive meetings with NCUA board members and staff on the proposal.
CUNA has requested that the NCUA broadcast and record the sessions, a request made even more important by the fact that the Chicago and Alexandria sessions are already at capacity and some anxious to attend are being assigned to a waiting list.
Space is limited at each session to 150 people, but the Chicago event was able to accommodate 170 attendees, due to additional space in the room.
NCUA Chair Debbie Matz told News Now last week that Listening Sessions are generally most productive when registrants come to a session with ideas for proposed solutions.
She added, "NCUA board members and senior staff will be there to listen, so we'll ask participants to share with us suggestions for how they believe the regulatory and supervision process can be improved."