NCUA Chairman Debbie Matz recently announced at CUNA's GAC that 2015 will be the year of regulatory relief. This, coupled with strong statements from Vice Chairman Rick Metsger and Board Member Mark McWatters on the need for field-of-membership overhaul, along with the announcement of an NCUA field-of-membership task force, provides some hope that meaningful regulatory reform may be on the horizon for the industry. The news is welcomed, and frankly, has been a long time coming.
FOM Policy Needs Modernizing
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