> Risk-Based Capital Proposal Comment Letter Workshop -- Bay Atlantic FCU

Thursday, March 27, 2014
9:00 AM (GMT-05:00) Eastern Time (US & Canada)
12:00 PM

 

Click here to register.

The New Jersey Credit Union League is hosting three free comment letter-writing workshops addressing the NCUA’s Risk-Based Capital Proposal. Who should attend: Credit union compliance staff or anyone involved in their credit union’s comment letter writing process. This proposal has the potential to affect not only large credit unions, but also the entire industry, so all asset-sized credit unions are welcome to attend. Affiliated member credit unions may choose any one of the dates listed to register.

The South Jersey workshop location on this date is:

Bay Atlantic FCU             
101 W. Elmer Road     
Vineland, NJ 08360       
9:00 am – 12:00 pm         

During the first segment of the workshop, the League’s Director of Compliance, Nicola Foggie, CUCE, BSACS, will provide participants with a broad view of the NCUA’s Risk-Based Capital Proposal. Next, a walk through of the challenges the proposal poses to credit unions and the industry. For the remainder of the workshop, we will work with attendees on incorporating their credit union’s thoughts and comments when writing their individual Risk-Based Capital Proposal letter to the agency.

Attendees can prepare for the workshop by clicking here to view CUNA’s resources on “Understanding the Proposal”. Links include a short educational video on the proposal and comment letter writing process, as well as access to CUNA’s resources to “Determine the Impact” of the proposed rule, which includes links to CUNA’s and NCUA’s R-B Capital Calculators, Risk Weight Comparison Charts, and State-by-State Credit Union Capital Ratios Listing.

To register today for a Workshop email mzelinsky@njcul.orgDon’t forget to bring your laptops!

The RBC proposal: What you need to know from CUNA on Vimeo.