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NAFCU on Tuesday released its new member-only risk-based capital calculator with a feature that NCUA doesn't include on its own version: five-year forecasting based on estimated return on assets and asset growth rates.

The updated calculator takes into account numerous changes NCUA made in its new risk-based capital proposal, including updated asset risk weights that credit unions will use to determine their RBC ratio. NAFCU's calculator also allows credit unions to find their current ratio as well as adjust risk weights to see their impact on their RBC ratios.

NCUA last week said its proposed rule, once approved, would not go into effect until 2019. That makes the five-year forecast feature in the NAFCU calculator a valuable asset, says NAFCU Chief Economist and Director of Research Curt Long. Long emailed members about the calculator yesterday.