The NCUA has amended its original fixed asset rule and will re-propose the rule at its Thursday board meeting.
NCUA Board Chairman Debbie Matz said the new proposal contains a series of changes based on comments the agency received.
"The regulatory relief we are planning for our new rule on fixed assets goes significantly beyond the original proposed rule," Matz said on Tuesday. "Thus, we plan to allow stakeholders an additional 30 days to comment on our new regulatory relief initiative."
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