Claiming a free speech right, a Los Angeles credit union said Thursday for the moment it is keeping a controversial safety/soundness ad on its Web site despite an NCUA request to pull it down.
"We are consulting legal counsel but right now the 'Insider' ad remains on the web because it seems the NCUA is taking on the role of press censor," declared Stuart Perlitsh, president/CEO of the $250 million Glendale Area Schools FCU.
The CU Web site reprints a Bauer Financial rating mention on Bankrate.com titled, "How Safe Is Your Money?" showing favorable comparison stats of Glendale Area CU against other California banks, CUs and a savings & loan.
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