MCUL Comments on Five NCUA Regulatory Proposals 

MCUL & Affiliates recently submitted comments to the NCUA on five regulatory topics, all generally positive in nature for credit unions, but some which could go much further.

The proposals included:

MCUL acknowledges the intent behind the proposals and the potential benefits they will provide to credit unions, but also proposed some alternative concepts. For example, on the small asset size threshold, both MCUL and CUNA urged the agency to consider using the Small Business Administration’s threshold for RFA analysis, in similar fashion as other federal financial institutions regulators – a higher ceiling that would afford fair regulatory relief to more institutions that need and deserve such.

For more information on MCUL’s comment calls and letters, contact Kieran Marion, vice president of governmental affairs, at Kieran.Marion@mcul.org


Submissions to Monitor may be emailed. Bryan Laviolette is the editor of Monitor. Contact him by email or call (800) 262-6285, ext. 233. The newsletter of the Michigan Credit Union League is published Monday mornings or Tuesday mornings when Monday is a holiday. There is no Monitor the week after Christmas and the week after the Annual Convention and Exposition. The MCUL reserves the right to edit submissions for clarity and space.
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