CHANDLER, Ariz. – NCUA Board member Debbie Matz thinks corporates can be a solution for some industry problems. Speaking at the Association of Corporate Credit Unions' Annual meeting, Matz highlighted eight concerns she has for the future of credit unions and how corporates can help. Matz' concerns are the following: Slow membership growth, declining mortgage market share, interest rate risks, disappearance of small CUs, taxation, investment risks, indirect lending risks, IT security risks. She gave examples how corporates can help in each of these areas. For instance with the disappearance of small CUs, she said, "Corporates can essentially serve as a back office for small credit unions.. This assistance can mean the difference between life and death for small credit unions – and ultimately, help prevent taxation." Matz believes corporate consolidation may be slowing. "Only a few years ago, so-called experts predicted that by now there would be a market for only about five corporates, if any at all. Yet with 31 corporates operating today, the corporate network has experienced record asset growth for each of the past three years," said Matz.