December 2021
NCUA Board Member Rodney E. Hood Statement on Final Rule, Parts 702 and 741, Subordinated Debt
As Prepared for Delivery on December 16, 2021
I will certainly be supporting today's proposal because anything that's really going to help our CDFIs and our MDIs continue with financial access and inclusion is something that I joyfully support. And I support it because first and foremost, it's our CDFIs and our MDIs that have the proximity to the communities in need. Whether it be low to moderate income households, minority, ethnic communities, rural, or even tribal areas.
I have no questions. Thank you.
Latest News
According to the latest financial performance data released today by the National Credit Union…
3 min read
The National Credit Union Administration today announced awards of more than $3.5 million in…
1 min read
The National Credit Union Administration in August 2024 permanently prohibited one individual from…
1 min read
The Federal Financial Institutions Examination Council (FFIEC) today issued a new booklet to help…
1 min read