Removing Barriers Blog

Chairman McWatters Responds to Chairman Luetkemeyer
Posted September 05, 2018 by CUNA Advocacy

In response to a letter submitted by House Financial Services Committee Financial Institutions Subcommittee Chairman Leutkemeyer (R-OK), NCUA Chairman McWatters issued a formal response, detailing the agency’s ongoing plan for supervision of credit unions. The letter highlights specific areas of targeted regulatory relief and transparency initiatives. 

  • Regulatory Relief
  • Enhanced Due Process
  • Transparency
  • Increasing Agency Efficiency
    a. The Enterprise Solution Modernization Program
    b. The Call Report Modernization Project
    c. The NCUA's Exam Flexibility Initiative