One more time: Why risk-based capital is a bad idea

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In the June 2020 NCUA board meeting, Chairman Hood’s latest RBC proposal was withdrawn from the agenda at the last moment. It did not receive the light of day, so we do not know what was in it. Even so, outgoing board member McWatters indicated his opposition to any change in a June 29 credit union press release stating; “this was not the right time for a material diminution in the RBNW capital requirement for credit unions. . .”Even though all three banking regulators ended RBNW as a valid approach for community banks in 2019 and McWatters early opposition to the rule as “illegal” it appears this destructive concept has somehow come back to life.With that prospect in mind, I think it is useful to remember some of the reasons why the concept Is so flawed. The article below urged credit unions to comment on the second RBC proposal by NCUA in 2015. It looks as if the battle may have to be fought again.last_img read more

Lady Trojans VB’ers Earn ‘Hat Trick’ Over Lady Bulldogs

first_imgEC Volleyball swept the Lady Bulldogs for the second time this season, but it was a completely different game.Varsity won in four by the scores of 25-13, 23-25, 25-19, and 25-19.Batesville vs. EC Varsity VB (9-15)‘We didn’t come to play tonight. Individually, the girls played well. We struggled at playing as a team tonight. This definitely wasn’t one of our best games of the season, but I’m proud of them for pulling it out. I don’t want to take anything away from Batesville though. They came to play and fought every point, even when it looked like the game was over. They never quit and pushed us to our limits. They have improved tremendously since our first match-up.  We went in with a very specific game plan again. It was very similar to our plan from the first time we played Batesville, but we didn’t follow through with it nearly as well. We had our moments, good and bad, but we will take a lot from this match. We have a lot of work to do as the post season rolls around, but I have no doubt that these girls will put in their time. When push comes to shove, they get the job done.’  EC Coach Cassie Laker.The Lady Trojans win The JV Battle 25-24, 25-23Batesville vs. EC JV VB (9-15)‘The team started out playing a controlled game leading in the score. Then we got in a rotation that our passers started to struggle with Batesville taking the lead. With some adjustments and having the Junior players pick up their intensity and earning points, the lady Trojans won. Game two was close all the way through but the team kept the intensity to take the second game as well.’  EC Coach Bernice Rosemeyer.EClLeading servers: Therese Gregg 9/10 3 aces, Leah Broderick 9/10Attacks: Breanne Fox 12/15 8 kills, Therese Gregg 8/10 4 kills, Kendall Gindling 7/8 3 kills.Assists: Leah Broderick 11 and Becca Eckstein 8Next game Thursday against Rushville.EC Freshman won in two: 25-18, 25-8.‘We started off slow but we picked up our intensity and made a come back in the first game. The whole team played well this evening. I am proud of each of their contributions, and most especially for encouraging one another and incorporating the communication and coverage we focused on in practice.’  EC Coach Rachel James.Next Freshman game is on Monday, September 22nd at 5 PM at Lawrenceburg.EC Varsity is now 11-4 on the season and 7-0 in conference play.Next up: Rushville Thursday at EC at 6 PM.Batesville loses to EC but shows vast improvements from the last meeting.“We were a strong fighting team when our backs were against the wall, but we shouldn’t have to wait for that moment to show that kind of play/tenacity. In the end we are showing improvement, which is what we need. Our interest is growing stronger all season and showing a strong united post season.’  Batesville Coach Jody Thomas.Bulldogs welcome South Ripley on Thursday night for a rematch of the Ripley County Tourney Championship. JV start time will be 5:30 PM.Courtesy of Trojans Coaches Cassie Laker, Bernice Rosemeyer, Rachel James and Bulldogs Coach Jody Thomas.last_img read more