Newsroom

FOR IMMEDIATE RELEASE
January 15, 2015

CONTACTS:
Vicki Christner – CUNA Communications; (202) 508-6754;vchristner@cuna.coop
Patty Briotta – NAFCU Director of Public Relations; (703) 842-2820;pbriotta@nafcu.org

CUNA, NAFCU united on NCUA's RBC2 Proposal

Washington, D.C. (January 15, 2015) – CUNA President and CEO Jim Nussle and NAFCU President and CEO Dan Berger released a joint statement following NCUA's issuance of the agency's second risk-based capital proposal:

"While there have been some much needed improvements to NCUA's revised risk-based capital proposal, we still have many concerns. Based on the healthy capital levels across the credit union industry and the millions of dollars in costs associated with this proposed rule, our respective organizations still have serious issues with it and continue to question the necessity of the proposal."

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