ALEXANDRIA, Va. (3/20/14, UPDATED 2:30 p.m. ET)--Available spots may go quickly for the National Credit Union Administration's new series of "Listening Sessions." The agency just announced that online registration is open.
Participation in the free sessions will be limited by the size of each meeting room and may hover around 150 per meeting. They are scheduled for:
- June 26 in Los Angeles, from 1 to 4 p.m. (PT);
- July 10 in Chicago, from 1to 4 p.m. (CT); and,
- July 17 in Alexandria, Va., from 1 to 4 p.m. (ET).
The Listening Sessions will be open to any topics related to the NCUA and, importantly, will take place before NCUA's proposed risk-based capital (RBC) rule is finalized.
The Credit Union National Associatoin had urged the NCUA to hold a town hall-style meeting on the RBC proposal.
NCUA Chairman Debbie Matz said she initiated the face-to-face field meetings in 2012 to talk with credit union officials about how the agency can further improve regulations, the exam process and "other agency initiatives."
"The last Listening Sessions in 2012 generated many ideas that we later incorporated into NCUA's rules. I anticipate the 2014 sessions will produce similar results," Matz said.
NCUA board member Rick Metsger and senior agency staff will also participate in the meeting.
See resource link for registration information.