RBC, IRR, FOM issues raised in CUNA meeting with NCUA’s vice chair

first_imgRisk-based capital (RBC), interest-rate risk and a potential field-of-membership proposal were the chief topics of discussion between Credit Union National Association senior staff and National Credit Union Administration Vice Chair Rick Metsger during a meeting Monday.Metsger expressed interest in working to draft a rule in 2015 to address inequities in field-of-membership rules for credit unions.CUNA Chief Operating Officer Rich Meade and other CUNA senior staff met with Metsger and NCUA Senior Policy Advisor Mike Radway to continue to address concerns about the regulation of risk-based capital and interest-rate risk.Also attending the meeting for CUNA were Chief Policy Officer Bill Hampel, General Counsel Eric Richard and Deputy General Counsel Mary Dunn.CUNA discussed with the NCUA a range of RBC issues that should be revised and more positively addressed in the new proposal expected to be issued Jan. 15 for a 90-day comment period. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Zenith/Delta Principals’ Cup: Organisers Set for ‘Unforgettable Final’

first_imgOrganisers of the Delta State Principals’ Cup have expressed readiness for the final match Day of the competition slated for Monday, April 1.The final of the event is billed to take place at the Stephen Keshi Stadium Asaba on Monday and the Head of the Organizing team, Tony Pemu, said yesterday that all was set for the final.Delta Commissioner for Basic and Secondary School Education, Chiedu Ebie, said the state was ready to make the final a classic of sort. Ebie who is also the head of the Local Organising Committee maintained that the tournament had been very explosive from the beginning“The players have displayed so much knowledge of the game and we expect that the teams in the final will give us much to cheer. As organisers we are planning to stage a classical show,” Ebie noted.Pemu said the Local Organising Committee and the organizing team have been working round the clock to perfect all plans for the final.“We had a very colouful final event in the first and second edition of competition. I expect this to be very interesting as well.“Everything needed to make the event memorable for the players and spectators have been put in place. We thank the sponsors and the government of Delta State for the support all through the event.”Delta State Governor, Ifeanyi Okowa will lead some members of his executive cabinet to the match just as topshots of the sponsors, Zenith Bank are also expected to be at the Stephen Keshi Stadium to cheer the young footballers competing for honours.Obule Integrated School, Sapele and Boys Secondary School, Obiaruku will compete for honours in the final while Ekpan Secondary School and Comprehensive Secondary School will fight for bronze in the third place shortly before the final.The final of the competition originally scheduled for February 15 this year was moved due to the general elections and the involvement of the state in the series of international games at the venue.Former international, Victor Ikpeba, is expected to lead other top former Eagles stars to the venue for this developmental tournament.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more