The National Credit Union Administration (NCUA) has been in the middle of several clashes between credit unions and community banks over the years centering on proposals intended to ease regulatory burdens faced by entities under its purview.
In response to its recent proposal to delay implementation of its 2015 and 2018 risk-based capital (RBC) rules by one year (to Jan. 1, 2022), advocates for both segments of the financial sector wrote to the agency urging it to take different actions going forward.
Learn more about arguments on both sides.