Saying that the proposed changes to the rules on corporate credit unions are "significant and deserve thorough consideration by the credit union system," CUNA President/CEO Bill Cheney is asking the NCUA to extend the comment period by 60 days.
The comment period is currently scheduled to end on Dec. 30.
Cheney wrote NCUA Chairman Debbie Matz that the extension would be "reasonable given the importance of the matters the agency is contemplating as well as numerous other regulatory issues facing credit unions."
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