NCUA First to Tackle Executive Comp Rule.

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  • Additional Information
    • Subject Terms:
      UNITED States
    • Subject Terms:
      CREDIT Union National Association
    • Abstract:
      The article offers information on the unveiling a long-awaited proposal by the National Credit Union Administration (NCUA) regarding executive compensation at credit unions and banks in the U.S. It discusses the need for executives at the largest credit unions and banks to defer a part in compensation. It states that the proposal would allow regulators the discretion to require Level 3 financial institutions to be subject to either of the restrictions for Level 1 or 2 institutions.