WASHINGTON -- Seeking to stake out an assertive and activist posture as he begins his tenure, NCUA Chairman Michael E. Fryzel today promised to be aggressive and proactive in dealing with problems faced by individual credit unions and the industry as a whole.
"Now is not the time for a business as usual, passive approach,'' he told attendees at NAFCU's Congressional Caucus.
He pledged to "intervene decisively'' if he sees current existing problems or potential risks.
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