Washington, DC (PRWEB) March 11, 2014
Callahan & Associates announced today it has made enhancements to its flagship Peer-to-Peer analytics software which enables credit unions to more effectively comment on the NCUA Risk-Based Capital proposal. Peer-to-Peer quickly and easily provides historical analysis- showing credit unions what their risk based capital would have been in different environments. The software maintains 16 years of historical data and delivers over a decade of quarterly capital analysis. Additionally, the software has been enhanced to allow credit unions to apply future modeling projections, based on changes credit unions may make in their balance sheets. The combination of the historical and forward looking analysis will help give credit unions perspective and insight to compose the most effective comment letters to NCUA.
“During the recent GAC conference we heard over and over again credit unions need for more in-depth analysis of the impacts of NCUA’s proposed Risk-Based Capital rule,” noted Jon Jeffreys Managing Partner at Callahan & Associates. “While we think risk based capital may be in the best interest of members- as it would allow many credit unions to serve more members- we echo many credit unions sentiments that the proposed rule needs to change.”
“We see this legislation as a potential inflection point for credit unions’ ability to serve members. We want every credit union in America to have the insight and ability to effectively comment on the rule.” Jeffreys noted, “Callahan feels so strongly about the industry being armed with the necessary tools to formulate precise comment letters, that we are offering free, limited access to our enhanced flagship analytical tool Peer-to-Peer to all credit unions.”
Credit unions can visit http://www.callahan.com/riskbasedcapital to learn more about the complementary access to Peer-to-Peer’s Risk-Based Capital tools.
About Callahan & Associates
Callahan & Associates is an independent voice within the credit union industry that provides trusted industry expertise and support to help credit unions and their partners deliver the best service and products to their audiences.