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NCUA Town Hall Meeting Draws Big Crowd

An overflow crowd of more than 200 attendees showed for the National Credit Union Administration's Town Hall meeting Friday in Dallas.

As it was the town hall event since the regulator unveiled its proposed corporate rules, corporate issues dominated the four-hour session. The panel of NCUA Chairman Debbie Matz, Board Member Michael Fryzel and senior staff also discussed proposed changes to the field of membership rules, credit union capital, member business lending and regulatory restructuring.

"Today's session yielded serious and important discussions that touched on the most significant issues facing the credit union industry," Matz said. "I am encouraged by the continuing dialogue at the Town Hall meetings, and look forward to applying this valuable information as we move toward a final rule."

The NCUA's next scheduled Town Hall meeting will be Thursday, Feb. 4 in Lake Buena Vista, Fla. Attendees may register at the NCUA's Web site under the heading "Upcoming Events" (www.ncua.gov).

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