NCUA Shows Interest in Interest Rate Risk
The NCUA has launched a new web resource page for credit unions to use to better understand and prepare for changes in interest rates and the risk those changes present. NCUA Board Chairman Debbie Matz stated, "we are in a very unusual rate environment," and goes on to explain the need for such resources in today's world. The new webpage includes videos, charts, and applicable links to regulations, interagency guidance, best practice resources, and more. [6/23/14]