WOCCU, on behalf of its members, is pleased to share its Top 10 Advocacy Successes of 2017. Among the numerous successes are the following: 1. Reduced Capital Requirements for Most Mortgages; 2. Capital Add-Back for Expected Credit Loss Accounting Reserves; 3. Ending Correspondent Bank "De-Risking" with Clearer Anti-Money Laundering Rules; and 4. Reduced Operational Risk Reserves for community-Based Depository Institutions.
The full list of the Top 10 Advocacy Successes of 2017 can be viewed here.