Newsroom

January 13, 2015

MACUMA hears Berger on RBC, top 2015 priorities

NCUA's expected second proposal on risk-based capital, NAFCU's 2015 top priorities, the economy and how credit unions are faring were touched on by NAFCU President and CEO Dan Berger during remarks Monday before Washington, D.C., metropolitan area credit union leaders.

Speaking before the Metropolitan Area Credit Union Management Association, Berger talked to the group about the association's legislative objectives in the coming year, among them statutory changes that would provide more field-of-membership flexibility and strengthen the federal charter for credit unions.

Berger emphasized the importance of getting Congress to pass national data security standards for retailers. He also reiterated NAFCU's desire to see legislation that would help ensure a fair risk-based capital system for all credit unions.

He said NAFCU is keeping up the drumbeat on "enough is enough" – NAFCU's call to both Congress and regulators on credit unions' need for relief from their ever-growing regulatory burden.

The NAFCU president addresses these key concerns in an editorial in Credit Union Times titled "Vigilance is Key in 2015."