NCUA Public Affairs Specialist John Zimmerman on Thursday confirmed that the NCUA Board canceled its June meeting to delay the release of its final CUSO rule.
"The board voted unanimously to remove the final CUSO rule from the June agenda, in order to give staff more time to work on the details," he told Credit Union Times.
Guy Messick, partner at credit union law firm Messick & Lauer P.C., said he thinks CUSOs are glad the NCUA Board is giving "thoughtful deliberation" to the legality of the rule.
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