Credit Union Times inadvertently misquoted remarks from NAFCU Chief Economist Tun Wai in a Dec. 1 article entitled, “Careful What You Wish For, ABA Tells CUs; CU Economist Say Banker View Skewed” regarding credit union capital. The second paragraph should have read: However, that is where the agreement ended. “At the same time, we do not agree that bank capital and credit union capital have “very little substantive difference,” unlike the ABA's stance. We regret the error.
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