NCUA will hold three "town hall style" meetings in the fall to give credit unions a chance to have input into the new rules governing corporate credit unions that are currently on the agency's to do list.
NCUA Board Chairman Michael Fryzel revealed the meetings to credit union executives attending NAFCU's 42nd Annual Conference near Washington. "These are your corporate credit unions and you should have a say" in the new rules, Fryzel told the attendees.
The purpose of the meetings will be to allow the credit unions to tell NCUA what they need and want from their corporate credit unions. In the wake of the events of this past year, Fryzel told the executives, the NCUA is looking at corporate credit unions structure, size, products and services they offer, and governance.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
