“The risk-based calculator was intended to help inform credit unions, during the extended comment period, about the potential impact of the proposed rule. Once that period ends, the calculator can come down,” NCUA Public Affairs Specialist John Fairbanks told CU Times on Thursday.

Opinions of the risk-based calculator have been mixed.

“Obviously we needed a calculator but maybe they should have given us a PIN number or some sort of security so we could see our calculation but we couldn't go out there and see anybody else's,” David Osborn, president/CEO of the $1.4 billion Anheuser-Busch Employees' Credit Union, told CU Times. “I don't think it's really any of our business until it's final.”

Denise Boutross McGlone, executive vice president and chief financial officer of the $2.2 billion Affinity Federal Credit Union in Basking Ridge, N.J., disagreed.

“I think transparency is always a wonderful thing and anybody who can read the call report can calculate it anyway,” she said.

Upon approval of the rule, the agency said it would modify the call report and provide prompt corrective action classifications accordingly.

“NCUA plans an extended phase-in period for the final risk-based capital rule to allow credit unions enough time to adjust their risk profiles or capital levels, or both, to ensure compliance with the new regulation,” said a press release on Thursday.