RBC2 Published in Federal Register
NCUA’s revised risk-based capital proposal, referred to as RBC2, has been published in the Federal Register. The publish of RBC2 in the Federal Register triggers the proposed regulation’s 90-day comment period. Comments on the proposal are due April 27. To get more information visit the RBC Action Center at http://cuna.org/rbc/
Jam the Unicam - February 17th
Nebraska Credit Union League’s “Jam the Unicam” conference will be held on Tuesday, February 17th in Lincoln. It will begin with lunch at 11:30AM the Nebraska Club and we’re pleased to announce that Lt. Governor Mike Foley will be our luncheon speaker! We will then have several featured speakers including CUNA President/CEO Jim Nussle, Newly appointed Nebraska Department of Banking & Finance Director Mark Quandahl, and economist Ernie Goss. The conference will conclude with a reception for our State Senators from 5-7pm at Billy’s Restaurant. REGISTER NOW!
Credit Unions Hit 100 Millionth Membership
Credit unions have reached and surpassed 100 million memberships nationwide – equating to one in every three Americans – J. Scott Sullivan, President and CEO of the Nebraska Credit Union League, announced today. The 100 million memberships count is based on data collected from credit unions and compiled by CUNA in its June 2014 “Monthly Credit Union Estimates.” CUNA estimates that credit union memberships expanded by 2.9% in the past 12 months (June 2013 to June 2014), and the 100 million mark was eclipsed in June. This represents a continuation (and acceleration) of trends previously reported: In 2013 memberships expanded by 2.5% and in 2012 memberships grew 2.1%. CUNA expects the membership growth to continue in the second half of 2014 and exceed the full-year growth of the previous year. Read the full Press Release.