Removing Barriers Blog

Agenda for June NCUA Board Meeting
Posted June 17, 2021 by CUNA Advocacy

At next week’s meeting, the Board will take up two final rules CUNA has been pushing the agency to finalize: final rule re the Current Expected Credit Loss Methodology (Part 702), and final rule re Capitalization of Interest (Part 741, Appendix B). 

In addition, the Board will discuss a potential rulemaking re the FCU Loan Interest Rate Ceiling. In 2019, CUNA asked the Board to explore the idea of adopting a floating interest rate cap instead of the traditional fixed interest rate.

As usual, we will provide a comprehensive summary of the meeting on this blog.