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ALEXANDRIA, Va. — The NCUA Board took on a number of serious issues impacting the entire industry over 2006 and there appears to be no let up for 2007.

A key process for 2006 was NCUA’s data collection effort as assigned by Congress to provide some information on credit union service to those of modest means. “I think we were very successful in doing it as unobtrusively as possible, making the process as easy as we could…and I think the credit unions were appreciative of that fact,” NCUA Chairman JoAnn Johnson commented. “And, I think, the actual information to come from the data was very positive in many respects, showing that credit unions are serving those they are chartered to serve and that the numbers increase when they’re allowed to serve a broader field of membership.” These are important points she hopes to drive home for Congress, which she said has recognized the effort the agency put into the Member Service Assessment Pilot program.

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