Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ALEXANDRIA, Va.-NCUA’s Small Credit Union Working Group has been inundated with comments from small credit unions on how the agency can improve its dealings with them, but also included as many positive remarks. According to NCUA Board Member Deborah Matz, members of the working group who come from each of the regions and central offices, have gone around the country speaking with small credit unions, state leagues, and other interested organizations about how NCUA can better serve small credit unions. “They’re combing through it now and organizing the responses by topic and figuring out what to do with them and how to present them,” she said. They will be prioritized and categorized, as well as separating short-term from long-term. “I think they think it’s a bigger job than they thought they were getting into,” Matz said. NCUA will take the comments under advisement, she added. The next meeting date has not been set yet for the internal working group. The working group was formed after a January 2003 meeting in which NCUA listened to concerns of all types of credit unions. Matz said the small credit unions offered compelling stories of how the regulatory burdens hit them particularly hard.

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
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.