Removing Barriers Blog

CUNA Comments on Proposed Rule-Capital Planning and Supervisory Stress Testing
Posted December 27, 2017 by CUNA Advocacy

CUNA submitted a letter to NCUA in response to the proposed rule on capital planning and supervisory stress testing. CUNA maintained that credit unions should remain exempt from stress testing requirements, as Congress intended. Further, any stress testing supervisory requirements should continue to provide exemptions for small institutions, as measured on a scale other than fixed asset thresholds. CUNA noted that the proposal would provide some relief for credit unions that reach the current $10B asset threshold, in providing a three-year stay to comply with the stress testing requirements, but for larger credit unions already subject to supervisory stress testing, regulatory relief would be significantly diminished.