In credit union land, the acronym "RBC" has become more prevalent than your "ABCs" these days, as the Risk Based Capital issue rages on within our industry. To get to the heart of the matter, we went directly to the source: NCUA Chairman Debbie Matz, who was gracious enough to spare a few minutes with us to discuss this currently consuming topic.
A few of the items we inquired about included the implementation date extension, risk weights controversy, and why even have RBC at all as some have questioned. In addition, we touched on the pot-based credit union ready to launch in Colorado -- yet still uninsured, Palm Springs breach and NCUA's steps to keep it from occurring again, and regulation relief conversation with the CFPB.
Another can't miss episode, so check it out and pass it on.
Short on time? Watch the trailer below...
Many thanks to our mighty fine sponsors...
Mike Lawson, Host
Married to a most gorgeous and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.