updated 06/24/14 11:02 AM
YOUR VOICE NEEDED: LISTENING SESSION
Prepare With League, CUNA Briefing
Credit union leaders have an extremely valuable opportunity to ask questions and relay concerns face to face with National Credit Union Administration (NCUA) officials this coming Thursday (June 26) at Chairman Debbie Matz’s Listening Session in Los Angeles—a unique event where every attendee's presence counts.
Debbie Matz, Chairman of the National Credit Union Administration
“We urge leaders from every credit union to attend,” said Sharon Lindeman, vice president of regulatory advocacy for the California and Nevada Credit Union Leagues. “This event is for NCUA to listen to you—the concerns you have about the proposed PCA-Risk Based Capital rule and other regulatory issues that impact your credit union.”
Matz said the Listening Sessions are generally most productive when registrants come with ideas for proposed solutions. “We’ll ask participants to share suggestions for how they believe the regulatory and supervision process can be improved,” she said during a recent interview with the Credit Union National Association’s (CUNA) News Now staff.
Talking Points and League Briefing
The Leagues and CUNA will host a briefing at 10:30 a.m. immediately prior to the Listening Session (1-4 p.m.), which will be held at the Westin Bonaventure Hotel in downtown Los Angeles. The following briefing materials are available upon request by contacting Sharon Lindeman at sharonl@ccul.org or 909-212-6063:
  • Briefing Agenda
  • Leagues’ Talking Points
  • CUNA’s Key Points on NCUA’s Risk-Based Capital (RBC) Proposal
  • CUNA’s State-by-State Impact Analysis of RBC on Credit Unions in NCUA’s Region
  • CUNA’s Comment Letter on RBC
  • National Association of State Credit Union Supervisors’ (NASCUS) Comment Letter on RBC
  • Leagues’ Comment Letter on RBC
  • List of Local Restaurants for Lunch
There are still seats available for the Listening Session—so come out and voice your concerns! Click here to register.
For additional information, contact Sharon Lindeman at sharonl@ccul.org or 909-212-6063 or Lucy Ito at 909-212-6004 or lito@ccul.org.
    © 2014 California Credit Union League