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Risk-based capital plan heads News Now's January Top 10 list
MADISON, Wis. (2/4/14)--An article on a new risk-based capital framework for credit unions released by the National Credit Union Administration was the most-requested News Now article in January.
Rules and regulations dominated the Top 10 with capital requirements, qualified mortgages and call reports making the list.
Articles about the Target data breach appeared on the list twice.
The Top 10 list included:

10. Risk-based capital rule would affect fewer than 200 CUs, Metsger says

WASHINGTON (1/14/14)--As the National Credit Union Administration works to modernize the 15-year-old credit union capital regime, board member Rick Metsger said Monday night that fewer than 200 credit unions would be required to make adjustments under a new risk-based capital proposal now being developed.
9. No credible case for capital requirement increase, says CUNA

ALEXANDRIA, Va. (1/24/14)--"Given how well credit unions in general survived the recent great recession, we do not think there is a credible case for increasing credit union capital requirements," Credit Union National Association President/CEO Bill Cheney said following Thursday's National Credit Union Administration open board meeting.
8. NCUA to CUs: Examiners will reward good faith QM compliance efforts

ALEXANDRIA, Va. (1/6/14)--National Credit Union Administration field staff  "will take into account a credit union's good-faith efforts to comply" with new qualified mortgage regulations as they conduct their early-stage examinations, the agency said in a just-released supervisory letter to credit unions (14-CU-01).
7. CUNA highlights QM resources as rules go into effect today

WASHINGTON (1/10/14)--Today may not look a lot different than yesterday to many people, but for mortgage lending credit unions and thousands of other lenders today is the day that the Ability-to-Repay(ATR)/ Qualified Mortgage (QM) lending rules go into effect.
6. CUNA: Target breach to cost CUs an estimated $25M-$30M
WASHINGTON (1/21/14)--Credit unions have already incurred costs estimated to be in the range of $25 million to $30 million in costs as a result of the Target stores data security breach, a Credit Union National Association survey has shown.
5. NCUA Reg Alert Covers QM Rule

ALEXANDRIA, Va. (1/2/14)--Credit unions that make closed-end consumer loans secured by a dwelling must comply with the Consumer Financial Protection Bureau's new Ability-to-Repay/Qualified Mortgage (ATR/QM) rule for loan applications received on or after Jan. 10, the National Credit Union Administration reminds in its first Regulatory Alert on 2014.
4. Late call report filers will be fined by NCUA--starting soon

ALEXANDRIA, Va. (1/16/14)--Procrastinators beware: The National Credit Union Administration will begin to impose civil money penalties against federally insured credit unions (FICUs) that do not meet their quarterly call report filing deadlines.
3. State of the Union speaks of tax changes, jobs, and patent and housing finance reforms

WASHINGTON (1/28/14)--Job creation and tax reform were topics of President Obama's State of the Union address tonight, and the Credit Union National Association is urging the president to consider the credit union perspective in these and all important financial policy discussions.
2. Target-like attack hitting 6 more retailers

LOS ANGELES (1/21/14)--At least six additional U.S. retailers have been attacked with the same software used late last year to steal credit card and personal data from upward of 110 million Target Inc. customers, according to research released Thursday.

1. NCUA unveils risk-based capital plan

ALEXANDRIA, Va. (1/23/14, UPDATED: 11:44 a.m. ET)--A new risk-based capital framework for credit unions has just been released at today's National Credit Union Administration board meeting.


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