NCUA’s Matz highlights agency efforts to cut regulatory burden on community banks

Debbie Matz

Debbie Matz

National Credit Union Administration Chairman Debbie Matz recently highlighted the agency’s efforts to reduce the regulatory burden on credit unions.

During the African-American Credit Union Coalition’s annual conference in Detroit, Matz discussed the NCUA’s revised definition of “credit union” to include institutions with less than $50 million, an increase from the previous limit of $10 million or less.

Matz also discussed the agency’s efforts over the past year to ease and clarify its regulations and lending rules. She said the credit union industry should be prepared to address increased interest-rate risk after the market picks up.

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