Regulatory Advocacy brings the voice of credit unions to federal and state regulators. Our Regulatory Advocacy staff is committed to establishing and maintaining effective working relationships with regulators to ensure credit unions’ issues and concerns are heard.
The Regulatory Advocacy area keeps you informed of the latest proposed rules and regulations, their potential impact on credit unions, and provides comments to regulatory agencies to help shape regulations and lessen the compliance burden.
An interactive online tool designed to empower credit unions to participate in the regulatory process.
PowerComment allows you to:
- Find up-to-date and easily digestible information on proposed compliance rules. This feature provides a summary of pending regulations to help you identify potential operational, financial, and member service impacts of proposed rules.
- Participate in deeper discussions to increase your understanding of proposed regulatory rules. Ask fellow PowerComment users or League staff questions related to current proposed rules.
- Write a comment letter to regulators. Convey your thoughts, opinions, and concerns regarding proposed rules. Whether your comments support or oppose a proposed rule – let the regulators know.
Educate yourself on proposed rules and regulations that affect your credit union and take the opportunity to comment! Visit www.powercomment.org to get started today.
From the Editors of CU Weekly
NCUA CHAIR: NEW 'RBC' COMMENT PERIOD
|Debbie Matz, Chairman of the National Credit Union Administration (NCUA)
09/30/14 03:10 PM
Dykstra Thanks CUs for Their Efforts
After several months of advocacy efforts by credit union leaders in California, Nevada, and across the nation, National Credit Union Administration Chairman Debbie Matz announced she will request a revised Risk-Based Capital (RBC) proposal be issued with a new comment period.
“The perseverance of California and Nevada credit unions has not gone unnoticed,” said Diana Dykstra, president and CEO of the California and Nevada Credit Union Leagues. “This is a direct result of many hours devoted to comment letters and meetings with congressional representatives and NCUA board members—at home and on Capitol Hill. I personally want to thank every credit union professional for their enduring efforts and vision.”
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The Leagues write letters in response to proposed legislation and regulations that affect your credit union’s ability to serve members.