Final FOM rule, CECL transition proposal on NCUA’s July 30 agenda

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The NCUA board will vote on a final FOM rule at its July 30 meeting, and will also issue proposals regarding the transition to the CECL methodology and fees paid by federal credit unions, as well as seek comment on OTR and operating fee methodologies.

https://news.cuna.org/articles/118162-final-fom-rule-cecl-transition-proposal-on-ncuas-july-30-agenda