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Credit unions are speaking out against a rule proposed by the NCUA that would force credit unions out of homes and into commercial offices.
The home-based credit union rule was introduced at the agency's Dec. 12 board meeting. NCUA Chairman Debbie Matz and Board Member Rick Metsger voted in favor of the proposal while Board Member Michael Fryzel voted “no” for the first time in five years. The comment period lasted for 30 days but the date of the final vote has not been announced.