The NCUA Board is meeting tomorrow and Risk-Based Capital (RBC) is back on the agenda. Let’s get the message out that the credit union community hopes the NCUA is done with RBC for good!
We’re calling on everyone to email the NCUA Board today to let them know that we’re paying attention. Write your own message or copy the message below:
“Please end the Risk-Based Capital issue once and for all. RBC has proven ineffective time and again. Liquidity is king in a crisis—let’s work on a plan for that. Learn from fellow regulators and end RBC!”
Want more info? Read Chip Filson’s blogs on the topic:
Let’s Put a Stake in the Concept of Risk-Based Capital
NCUA Board Member Harper’s Uninformed Stance on RBC
The End of Risk-Based Capital for America’s Community Banks
NCUA Board has a Unique Opportunity to Eliminate the Flawed Risk-Based Capital Proposal