ALEXANDRIA, Va.–America’s Credit Unions said it held its first official meeting with new NCUA Chairman John Crews on Tuesday, with the discussion largely focused on agency actions the NCUA can take to provide regulatory relief for credit unions, according to the trade group.
Attending the meeting on behalf of ACU were President/CEO Scott Simpson, Chief Advocacy Officer Kathleen Coulombe, Senior Vice President of Advocacy Greg Mesack, Head of Regulatory Advocacy James Akin, and Regulatory Advocacy Senior Counsel Luke Martone.
The meeting took place at NCUA’s headquarters in Alexandria, Va.
On the Agenda
According to America’s Credit Unions, issues discussed include:
- Capital reform and regulatory capital parity, including the complex credit union capital leverage ratio (CCULR) and broader opportunities to modernize the NCUA’s capital framework
- Risk-focused examinations and CAMELS reform, including continued movement toward supervision focused on material financial risk
- The NCUA’s Deregulation Project and additional opportunities for regulatory and agency modernization; and
- Field of membership, chartering, and other opportunities to modernize the federal credit union regulatory framework.
As the CU Daily reported here, Crews recently made his first remarks to credit unions outside of Washington during the GoWest Credit Union Association’s MAXX meeting.
