The African-American Credit Union Coalition said it “unequivocally supports” NCUA’s proposal to create a Minority Depository Institution preservation program.
After nine years of perfect attendance, Mary Rupp has retired as board secretary for the NCUA, the agency said Friday.
Agency veteran succeeded by senior trial attorney Gerard Poliquin.
Even if the NCUA is not disclosing comments made by credit unions and interested parties regarding its corporate assessment prepayment plan, First Entertainment Credit Union CEO Charles Bruen was not at all shy about sharing his letter addressed to NCUA Board Secretary Mary Rupp with the press.
In the economy's heyday, when the flow of credit gushed abundantly to small businesses and lines of credit and leased new equipment were granted freely, some lenders seldom, if ever, asked for a personal guarantee. Then the recession hit.