Fixed-asst rule relief would not apply to federally insured, state-chartered credit unions.
5 minutes ago
.@TheNCUA Ch Matz says intent is to allow CUs to manage fixed assets without NCUA "micromanaging" the purchases of fixed assets.
8 minutes ago
Under this fxd-asst proposal, @NCUA says to exceed 5% cap a CU would need a plan or program.
10 minutes ago
The new proposal was drafted, in part, due to comments received in 2013 on a technical corrections rule approved by NCUA on fxd-assts.
12 minutes ago
Today's @TheNCUA meeting starts now with fixed-asset proposal; wld eliminate 5% cap.
15 minutes ago