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