West Virginia Credit Union League President/CEO Ken Watts and JetStream FCU President/CEO Jeanne Kucey are scheduled to testify at next Wednesday's congressional hearing on a bill that would provide an appeals process for financial institutions dissatisfied with the results of their examinations.
Watts is testifying on behalf of CUNA. Kucey, whose Miami Lakes, Fla.-based credit union has assets of $124.5 million, is testifying on behalf of NAFCU.
The hearing is being held by the House Financial Services Committee's Subcommittee on Financial Institutions and Consumer Credit. The panel's chairman, Rep. Shelley Moore Capito (R-W.Va.), and ranking Democrat Rep. Carolyn Maloney (D-N.Y.) are the lead sponsors of the measure.
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