NCUA’s decision to delay a vote on CUSO rule was hailed by the two major trades as an opportunity to continue pressing the point.
Cancellation was third of six scheduled open meetings this year.
Credit unions that own or invest in CUSOs to find out what new regs they will be required to meet when the NCUA releases final rule at June 21 meeting.
GREENBELT, Md. — It would stifle innovation and result in the agency having to evaluate things that it doesn’t know about.
The NCUA is going back to the drawing board on its CUSO rule and the industry is happy.
After receiving more than 280 comment letters on its proposed CUSO rule amendments, the NCUA is considering its next steps.
SAFE Credit Union CEO Henry Wirz says proposed NCUA rule could limit "growth and success" of CUSOs.
El Paso CUSO president tells league journal he thinks NCUA is just encouraging CUs to follow "good business practices."