California and Nevada's voice in Washington D.C. The Leagues are the only Leagues with a full time staff dedicated to working with Congress, Government Agencies, and Federal Regulators. The resources in this area will help you keep informed of the latest developments and credit union priorities.
State Government Advocacy efforts brings the voice of credit unions to Sacramento and Carson City. Our advocacy team works daily with elected officials, staff, the executive offices, gubernatorial appointees, and the decision-makers of California and Nevada. This area will keep you updated on all advocacy efforts at the state level of Government.
Besides NCUA’s risk-based capital proposal, other issues garnering attention at the listening sessions were examinations, interest rate risk, and the role of small credit unions. Audio recordings of each session will be available in the near future on the agency’s website.
The NCUA “will take into account” the input by credit unions on risk-based capital to improve the final rule, the agency stated in a news release. “For starters, we plan to lower the risk weights on investments, mortgages, member business loans, credit union service organizations and corporates, as well as extend the implementation period,” said NCUA Board Chairman Debbie Matz.
Click here to read Matz’s entire statement on considerations by the agency related to the risk-based capital proposal, including interest rate risk, the supervisory process, extended implementation, and other issues.
Reminder: Leagues Post Audio Recordings
To ensure all member credit unions have access to the audio recording from the NCUA Listening Session on June 26 in Los Angeles, the California and Nevada Credit Union Leagues have posted the session on its website.
Click here to access the Listening Session audio archive, which is categorized by topic so you can easily find and listen to subjects important to you.
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