NCUA Doubles Down on Regulatory Relief
The NCUA Board approved a proposed rule (Part 791) to update the definition of a “small entity” from $50 million to $100 million in an effort to alleviate regulatory burdens associated with rules such as interest rate risk, liquidity and risk-based capital as well as revising the examination process for approximately 77% of all NCUA insured CUs. [2/20/2015]