NCUA headquarters. (Source: NCUA)
The NCUA should focus on safety and soundness issues and its examinations should not be expanded to include consumer protection measures, CUNA said Monday.
"As its mission statement makes clear, the NCUA exists to ensure the safety and soundness of the credit union system and its examination program should remain focused on that objective," CUNA Chief Economist Mike Schenk, said in presenting the trade group's position on the agency 2020 budget.
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