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Association Meets With NCUA Board Member J. Mark McWatters

Tue, Dec 16, 2014

Washington, District Of Columbia

On Mon., December 8, Association President & CEO John Bratsakis and VP, Glen Cooney held a meeting with Board Member J. Mark McWatters and Sr. Policy Advisor Sarah Vega. The meeting took place to discuss issues of mutual concern to the agency and association members.  As with our recent Roundtable held with NCUA Chairman Debbie Matz and Vice-Chair Rick Metsger, we touched on such topics as Risk-Based Capital regulations (Board vote on Jan. 15) Interest Rate Risk, ERM, compliance issues and data breaches.

John also conveyed his thoughts on several other on-going concerns including examinations and assessments. Additionally,  we discussed general ideas which we as an association and individual members could use to better communicate with the agency moving forward.

Due to a scheduling conflict, McWatters was unable to participate in our Roundtable on Dec. 5.  As such, following the NCUA Board meeting in January, McWatters has agreed to host and participate in an additional Roundtable with our members on Thursday, January 15 at 2:00 pm.  We will discuss RBC, supplemental capital and other issues of concern. Please look for additional details to follow.  

For additional information contact: Glen Cooney - VP, Advocacy & Legislative Affairs / 443-325-0775 /