Newsroom

The NCUA Board has slated an advance notice of proposed rulemaking on alternative capital for its Jan. 19 open meeting, according to the agenda released Thursday.

NCUA agency staff said in October that the ANPR on alternative, also known as supplemental, capital would come out early this year.

NAFCU supports providing credit unions with more flexibility to meet capital requirements and has repeatedly advocated for legislation that would create a fair capital system providing, among other things, access to alternative capital for all credit unions, regardless of charter type.

NCUA staff will also brief the board on the statutory inflation adjustment of the agency's civil money penalties.