Newsroom

January 19, 2015

Jan. 23: NCUA's Fazio talks RBC in free NAFCU webcast

Top: NCUA's Larry Fazio discusses the new RBC proposal during a briefing following the Jan. 15 board meeting. Above: Carrie Hunt of NAFCU discusses improvements, remaining concerns.

NAFCU on Friday will host a free webcast for members and nonmembers with NCUA's Larry Fazio on the new risk-based capital proposal.

Fazio, NCUA's director of examination and insurance, is the chief architect of the new proposal, which is out for a 90-day comment period. He will be joined in Friday's webcast by NAFCU Senior Vice President of Government Affairs and General Counsel Carrie Hunt, Director of Research and Chief Economist Curt Long and Director of Regulatory Affairs Alicia Nealon.

Scheduled from 1-2:30 p.m. Eastern, the Jan. 23 webcast give attendees a multi-faceted look at the proposed rule's impact on credit unions; attendees will be able to ask questions of Fazio and the NAFCU representatives. Members and nonmembers may attend; registration for the free webcast is open now.

Hunt said members should keep an eye out for additional materials this week that will help them analyze and respond to NCUA's new proposed rule. "We will provide you the tools you need to determine the proposal's full impact on your credit union and to communicate your concerns to NCUA," she said.

NCUA is also holding a free webinar Wednesday on the proposed rule and what was changed from last year's version.