NCUA To Hold Listening Sessions Before New Cap Rule Is Finalized

ALEXANDRIA, Va. — NCUA will hold three "Listening Sessions" this summer hosted by Chairman Debbie Matz.

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The sessions will span the U.S., starting in San Francisco (June 26, 9 a.m.-noon PDT), moving to Chicago (July 10, 9 a.m.-noon CDT) and then to Washington (July 17, 9 a.m.-noon EDT).

NCUA noted the sessions will take place before the proposed rule on risk-based capital is finalized.

Like Matz's listening sessions in 2012, this year's sessions will be open to any topics related to NCUA.

"This new series of listening sessions will be an opportunity for NCUA board members and senior staff to hear directly from credit union officials about how we can further improve regulations, the exam process, and any other NCUA initiatives," Matz said. "My previous listening sessions led to regulatory relief and streamlined examination reports. We are looking forward to another productive series of face-to-face meetings with credit union officials and stakeholders."

Registration for the sessions will be free online, and participation open to the first 150 people who sign up. Participants will be able to talk with NCUA board members, senior NCUA staff, and supervisory examiners from the NCUA Regions co-hosting each listening session.


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