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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.

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