SHREWSBURY, N.J. – According to Credit Union Times' recently expired voting poll, NCUA's data collection pilot, which was spurred on by Congress' interest in who CUs are serving, will prove inconclusive.
Some of the 481 CUs part of the pilot have already completed it, including Navy Federal. The deadline is Aug. 31. Many in credit union land believe no matter what the results the bankers will criticize how well credit unions are serving those of modest means, while other credit union leaders believe this pilot is the first step in a ready-made defense against banker attacks. The poll question and results are as follows:
What will be the result of NCUA's data collection pilot initiative?
* The data will indicate credit unions are not doing a good job serving members of modest means.
17.35%
* The data will prove that credit unions are doing a good job serving members of modest means.
22.75%
* The data will be inconclusive and leave the question of modest means service still unanswered.
54.19%
* Not sure
5.69%
Total Votes: 633
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
