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Late 5300 report fines aside, the NCUA showed commendable restraint at this month’s board meeting when it comes to exerting its powers over credit unions.
The nomination deadline for the ninth-annual Credit Union Times Trailblazer Awards has been extended to Friday, Jan. 17.
Big banks with great locations have failed and required bailouts, while credit unions run out of the backs of churches have been doing fine for decades.
Readers sound off on the NCUA's proposed rule that would prohibit running credit unions out of homes.
To presume that all CUs can afford a commercial retail space reveals the disconnect between NCUA perception and reality.
Credit unions, volunteers, corporates, CUSOs and vendors have until Friday to nominate themselves, a co-worker or a colleague for this Credit Union Times annual award.
Awards recognize credit union pioneers who promote change by creating and implementing innovative strategies and solutions.
The very fact that the agency has to issue a rule about home-based credit unions is preposterous.