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NCUA Pushes for Corporate Credit Union Reforms

NCUA Pushes for Corporate Credit Union Reforms. Proposed reforms are intended to enhance NCUA regulatory oversight and address deficiencies in the current rule. The revisions would strengthen four areas of corporate credit union regulation. NCUA Chairman Debbie Matz: “Our main objective is to preserve service to 93 million credit union members by preventing the corporate issue from becoming a consumer issue” Matz says the future of the corporate system “will depend on the needs and support of the credit unions they serve””]

Source: https://www.cuinfosecurity.com/ncua-pushes-for-corporate-credit-union-reforms-a-1953

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