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FOR IMMEDIATE RELEASE

NAFCU Statement on NCUA Chairman Matz Plan For Second Risk-Based Capital Proposal

Washington (Nov. 21, 2014) -The National Association of Federal Credit Unions (NAFCU) issued the following statement in response to National Credit Union Administration Board Chairman Debbie Matz's announcement that she will request that the NCUA Board consider a revised proposed risk-based capital rule at the January 15 NCUA Board meeting.

NAFCU has strongly urged that credit unions have an opportunity to thoroughly review and submit comments to the agency on any changes made to the RBC proposal before it is issued in final form. NAFCU plans to closely scrutinize the revised RBC proposal for changes in several areas it has flagged as being particularly troublesome for credit unions.

The National Association of Federal Credit Unions is the only national trade association that exclusively represents the interests of federally chartered credit unions before the federal government and the public.

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