Bill Cheney, CUNA's CEO, brought a message of opportunity mixed with peril to the "Reality Check" conference of the New Jersey Credit Union League where he served as the luncheon speaker.
The peril, Cheney said Tuesday to a room packed with several hundred senior credit union executives, is continuing pressures by banks to eliminate the tax exemption presently enjoyed by credit unions.
Cheney also pointed to an atmosphere of regulatory oversight which sometimes has officials in the regulator telling credit union executives they know more about how to run the credit union than do the executives.
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