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The NCUA Board next week is set to discuss a proposed rule related to risk-based capital (RBC). The agency delayed the RBC by one year last fall.

The meeting is set to begin at 10 a.m. Eastern Thursday; a livestream will be available on the agency's website.

Following the board's decision to delay the rule, NAFCU President and CEO Dan Berger said it was "a step in the right direction," but that NAFCU remained "concerned about the regulatory burdens and costs the rule will place on credit unions."

In the proposal put forth last year the board also modified the definition of "complex" credit unions for RBC purposes to those with $500 million in assets from the original definition of $100 million.  

NAFCU supports an appropriate RBC system for credit unions and over the past few years, the association has consistently opposed the NCUA's RBC rulemaking and has urged the rule be modified or effective date delayed. NAFCU-backed provisions to delay the rule by two years passed through the House three times last year.

NAFCU will continue to monitor for any rulemakings in regards to RBC and attend next week's meeting.