National Credit Union Administration February 2017 – Federal Register Recent Federal Regulation Documents

Sunshine Act: Notice of Agency Meeting
Document Number: 2017-03420
Type: Notice
Date: 2017-02-21
Agency: National Credit Union Administration, Agencies and Commissions
Alternative Capital
Document Number: 2017-01713
Type: Proposed Rule
Date: 2017-02-08
Agency: National Credit Union Administration, Agencies and Commissions
The NCUA Board (Board) is issuing this advanced notice of proposed rulemaking (ANPR) to solicit comments on alternative forms of capital federally insured credit unions could use in meeting capital standards required by statute and regulation. For purposes of this ANPR, alternative capital includes two different categories: Secondary capital and supplemental capital. Secondary capital is currently permissible under the Federal Credit Union Act (Act) only for low- income designated credit unions to issue and to be counted toward both the net worth ratio and the risk-based net worth requirement of NCUA's prompt corrective action standards. The Board is considering changes to the secondary capital regulation for low-income designated credit unions. There are no other forms of alternative capital currently authorized. However, the Board is also considering whether or not to authorize credit unions to issue supplemental capital instruments that would only count towards the risk-based net worth requirement.
Submission for OMB Review; Comment Request
Document Number: 2017-02316
Type: Notice
Date: 2017-02-03
Agency: National Credit Union Administration, Agencies and Commissions
The National Credit Union Administration (NCUA) will be submitting the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice.