X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

“My decision should not be interpreted as a blanket condemnation of the concept of alternative deposit insurance. In fact, I am supportive of the notion that competition in deposit insurance could well be beneficial to credit unions and their members as well as the dual chartering system.” -Colorado Financial Services Commissioner David Paul on his decision that American Share Insurance is not “comparable” to federal insurance as required by state statute. “Even though state regulators are being interviewed and asked to fill out surveys from the GAO, they do not know the exact purpose and scope of this GAO study.” -NASCUS Chairman Jerrie Lattimore, administrator of the Credit Union Division of North Carolina during testimony before the Subcommittee on Financial Institutions and Consumer Credit on the proposed Reg Relief Act of 2003. She was asking for a copy of the letter describing the purpose of the study. “It was far less than most of the examinations we have had done of us.” -American Share Insurance President and CEO Dennis Adams on the thoroughness of Colorado Financial Services Commissioner David Paul’s study of ASI.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.