MARLBOROUGH, Mass. (11/24/14)--The Massachusetts Credit Union League will host an open forum discussion with new National Credit Union Administration board member J. Mark McWatters Dec. 12 in Newton, Mass.
Issues expected to be addressed include regulatory relief, transparency, accountability, supporting low-income credit union members, the NCUA budget, risk-based capital and interest-rate risk (Daily CU Scan Nov. 21).
"There are a number of critical matters being considered by the NCUA and board member McWatters has already demonstrated a clear understanding of how important they are," said league President Paul Gentile, who will facilitate the session.
Both state- and federally chartered credit unions are invited to attend to clarify current issues, to gain insight into emerging topics, to receive an update on the local economic environment and developments in federal legislation and regulation, and to affect the regulatory advocacy process.