Credit unions that want to be considered as potential merger and purchase and assumption partners will be able to sign up for a registry that the NCUA is developing, NCUA Chairman Debbie Matz announced.
Writing in a letter this week, Matz said uch a registry will "improve the efficiency of identifying potential credit union partners and provide greater opportunity for more credit unions to be involved.".
Both CUNA and NAFCU had urged the agency to clarify its procedures in this area and make more credit unions aware of the criteria.
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.