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Fryzel Denies NCUA Is Trying to Kill Small Credit Unions

Board member calls Utah league vice president's editorial about the agency and its examiners "unfounded, off base and just not correct."

By Heather Anderson | Updated on June 13, 2012

NCUA Board member Michael Fryzel defended NCUA examiners in a June 11 letter to the editor after an online editorial accused the regulator of “trying to destroy small credit unions.”

The opinion piece published May 23 by online industry news aggregator CUInsight was written by Stephen Nelson, vice president of credit union support at the Utah Credit Union Association.

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