"In Kansas, we approach it from the standpoint of 'is it an approved activity for the credit union.' We want to know if the CUSO activity is a sound one."

–John P. Smith, administrator of the Kansas Department of Credit Unions

"Finding the balance, where you have effective resolution authority but without money going to people who shouldn't get it-without rewarding people who screwed up-that's [a] difficult issue that we're making some progress on."

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