As you no doubt have heard, NCUA Chairman JoAnn Johnson has announced a Summit on Credit Union Capital, where “All issues relating to capital for America’s credit unions will be on the table.” NCUA is inviting credit union officials from the Association of Corporate Credit Unions, CUNA, NAFCU, NASCUS, and the National Federation of Community Development Credit Unions to participate in the Oct. 19 summit at NCUA headquarters. Plus individual comments can be submitted to regcomments@ncua.gov. Since capital has already been a pretty popular topic on CUES Skybox (read “Too Much Net Worth: The Elephant in the Kitchen” and its four comments), let’s open it up for discussion here: What capital issues do you think should be on the summit table—and why? Minimum/maximum levels, secondary capital, risk-based capital? Click on “Comments” below to join the discussion! Here is an article on secondary capital to get your thoughts rolling. Read more on NCUA’s Summit on Credit Union Capital. CUES Skybox skybox@cues.org
