WASHINGTON — If banks are getting regulatory relief credit unions deserve the same opportunity.
That's the message that the leaders of CUNA and NAFCU conveyed at the Nov. 16 hearing on a bill aimed at helping small financial institutions.
CUNA President/CEO Bill Cheney said credit unions and community banks both want to help their communities prosper and the businesses in them to create more jobs. But the regulatory climate facing both types of institutions is too restrictive.
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