CUNA: 420-plus RBC2 comments already, send yours to NCUA

April 7, 2015
ALEXANDRIA, Va. (4/8/15)--More than 420 comments have already been sent to the National Credit Union Administration regarding its revised risk-based capital proposal, which has a comment deadline of April 27. CUNA emphasizes the importance of credit union stakeholders submitting their comments, because although RBC2 is an improvement over the original, there are still areas of concern.
CUNA has posted a number of resources to help interested parties compose their comment letters, including CUNA's opinion on each aspect of the plan, and information on the ways to submit a letter.
CUNA resources include the comment letter guide, which details both how credit unions can write effective and meaningful comment letters, while also providing insights into some of the key issues in the proposal that can be addressed.
The NCUA has posted all comments received as of this week to its website.