Discrediting The Second RBC Proposal

Callahan chairman Chip Filson argues against the revised risk-based capital proposal.


Callahan chairman Chip Filson, senior analyst Andrew Bolton hosted a webinar on January 22, 2015 to explore the changes to NCUA's proposed risk-based capital rule, joined by Doug Alldredge, CFO of First Credit Union in Arizona.

In this clip, Filson cites a speech delivered by the chairman of the FDIC on the ineffectiveness of the banking industry's similar Basel Capital Rules. Filson then uses NCUA's own data to demonstrate that the credit union industry is already managing its capital effectively.

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