NCUA transparency, and the question of whether the agency is willing to be more transparent, has been a hot topic for several years for NAFCU, CUNA, NASCUS and, perhaps most notably, NCUA Chairman Debbie Matz and Board Member Mark McWatters.
McWatters has lashed out at the NCUA, stating it has become much less transparent since Matz became chairman. However, Matz said in the last few months, she has made significant improvements in the transparency department. She even told Congress so, and promised that the agency's line-by-line budget items and overhead transfer rate documents would be posted to its website. The following day, they were indeed online.
But after the NCUA posted the documents, many still asked: Is this enough?
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
