This article is from the Oct. 15, 1990 issue of CU Times.

As the credit union movement holds its collective breath while the General Accounting Office and U.S. Treasury scrutinizes the CU system, there is speculation that both agencies will recommend changes in the structure of corporate credit unions.

As the same time, NCUA General Counsel Bob Fenner and former NASCUS President Dick Ottow are suggesting that the movement should not wait for an overhaul of the corporate system to be mandated. Instead, the regulators contend, corporate restructuring should e initiated from within the movement.

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