The credit union industry could see several new rules proposed and finalized in the New Year, according to NCUA Board Chairman Debbie Matz.
The revised risk-based capital revised rule was proposed at the agency's Jan. 15 board meeting. Matz said she hopes the agency is able to finalize the rule within the year.
"We have made very, very significant changes to the rule and I think the credit unions will feel that we listened carefully to their concerns and to the issues that they raised so that will be coming out early in 2015 and there will be a 90-day comment period," Matz said.
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