NCUA Not Providing Revised RBC Calculator
During a webinar yesterday on the revised risk-based capital proposed rule, Larry Fazio, director of examination and insurance for NCUA, was asked whether NCUA would be providing an online risk-based net worth calculator as it had after the first proposed rule for credit unions to determine the impact of the rule on their institution. Fazio reported that NCUA will provide a spreadsheet tool, but not an online calculator as the new rule considers data not obtained on current Call Reports. [1/22/15]