ALEXANDRIA, Va. – NCUA Chairman stresses new diversity standards will not be part of exam evaluations.
CUNA told the NCUA in a comment letter on Friday that the agency’s proposed diversity standards would place a burden on credit unions.
Comment period on proposed multi-agency rule closed Friday.
Consultant responds to recent opinion piece in favor of Dodd-Frank mandated diversity initiatives.
Municipal Credit Union Chairman Mark Brantley and Consultant Marvin Umholtz provide point and counterpoint on Dodd-Frank mandated diversity initiatives.
NCUA and five other regulators extend comment period on proposed new standards to Feb. 7.
NCUA, other regulators considering new standards as mandated by Dodd-Frank.