Newsroom

April 09, 2014

Webcast: How NCUA capital proposal affects CUs

April 10, 2014 – NAFCU Director of Regulatory Affairs Michael Coleman and Senior Economist Curt Long will join Denise Boutross McGlone, executive vice president and CFO at Affinity FCU, to discuss NCUA's risk-based capital proposal in a webcast today.

The webcast will begin at 2 p.m. Eastern. The speakers will offer an overview of the proposed rule and discuss how it could affect credit unions now and in the future.

All webcast attendees will be given access to NAFCU's member-only risk-based net-worth calculator, which provides enhanced tools to help forecast the proposal's impact on individual credit unions.

McGlone previously served as assistant treasurer at Lucent Technologies, chief financial officer for Gain Capital and executive vice president of the Student Loan Marketing Association at Sallie Mae.

NAFCU has asked members to send comments on the proposal to be included in its letter to NCUA. The association has aired numerous concerns with the agency over the proposed rule.