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NASCUS: Reg Relief Provision on State Liaisons Shows Importance of State System

NASCUS and the Conference of State Bank Supervisors are both applauding the credit union related-provision added to the Regulatory Relief Act of 2006 that allows for full voting rights to the chairman of the State Liaison Committee of the Federal Financial Institutions Examination Council.

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ARLINGTON, Va. — NASCUS and the Conference of State Bank Supervisors are both applauding the credit union related-provision added to the Regulatory Relief Act of 2006 that allows for full voting rights to the chairman of the State Liaison Committee of the Federal Financial Institutions Examination Council.

“There are so few credit union-related provisions in the Reg Relief bill. It’s important that this is one of them,” said NASCUS President/CEO Mary Martha Fortney.

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