More RBC Delay Action

The LSCU Advocacy Team continues to follow the developments with Rep. Bill Posey’s (R-FL) NCUA Risk Based Capital delay language. On Tuesday, the language was added to a defense bill that has been moving through the process and passed the House Financial Services Committee unanimously. In an effort to ensure that this language continues to […]

The LSCU Advocacy Team continues to follow the developments with Rep. Bill Posey’s (R-FL) NCUA Risk Based Capital delay language. On Tuesday, the language was added to a defense bill that has been moving through the process and passed the House Financial Services Committee unanimously. In an effort to ensure that this language continues to move through the process, it has now also been added to an Appropriations bill that will be marked up in today’s House Appropriations Committee meeting.

This is another excellent sign that Congressional leadership is committed to helping credit unions achieve regulatory relief. The LSCU will continue to keep you informed as this language moves through the process.

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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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