MONTEGO BAY, Jamaica-NCUA Board Member Deborah Matz toldattendees of CUNA's Volunteer Leadership Institute in Jamaica lastweek that volunteers hold the future of credit unions in theirhands. "You have helped reduce the number of high-risk creditunions to near an all-time low," Matz told her audience. "With morethan 9,500 federally insured credit unions in America today, only211 are CAMEL codes 4 or 5. You are doing such a good jobprotecting credit unions' safety and soundness, it makes our jobseasier at NCUA." Matz paralleled credit union board volunteers'role with NCUA's in that they both have to work to help creditunions balance risks. "We don't want to prevent credit unions fromtaking risks. We want to help credit unions manage risks," sheemphasized. Matz speculated that the biggest potential risk oncredit unions' horizon is taxation. However, credit unionvolunteers can help prevent this "by making sure your credit unionserves everyone in your field of membership. Single mothers, recentimmigrants, hourly workers, first-time homebuyers, and victims ofpredatory lenders all need a financial institution they can trust.Your credit union can provide everyone in your field of membershipwith access to low-cost, high-quality services."

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