NCUA official seal. Credit/NCUA
At last week's NCUA board meeting, the board acted very much like a parent giving their kid keys to the car for the first time.
On the one hand, everyone generally understands and supports the need to increase the ability of credit unions to expel violent, abusive and disruptive members. After all, similar powers already exist in many states and are used to ensure that staff is not mistreated or put in harm's way.
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