WASHINGTON - NCUA Chairman Rick Metsger says field of membership changes are coming soon.
TEMECULA, Calif. - CEOs from three Southern California credit unions address culture, the future, small credit unions and taxation.
Narrow FOMs and membership expansion could create disparate impact red flags and attract unwanted examiner attention.
Americans, especially young ones, no longer bond according to where they live, work or worship.
In a CU Times interview, the new NCUA chairman also promises final FOM regs within a few months.
Misleading promotions that poach other credit unions and abuse associational membership don't benefit the community.
Shift the focus of deliberations on the FOM proposal to what the FCUA actually says, not what bank groups want it to mean.
Before they attack credit unions, bankers should take a close look at the quality of their products and services.
The bill transforms the faces of credit unions for the better, but the industry continues to fight its provisions.
Credit unions, not bankers, must take charge when it comes to MBL and FOM rulemaking.