"You can count on something like this happen- ing again."
–Mark Cummins, president/CEO of the Minnesota Credit Union Network, referring to the Wings Financial Federal Credit Union unprecedented merger proposal and campaign. "NCUA's interpretation of what constitutes underserved is so broad that it would allow a credit union to add all of Washington, D.C. but locate its office in an affluent section of Georgetown. I don't think this complies with the spirit of the law."
–American Bankers Association Senior Economist Keith Leggett on why the group sued NCUA over the America First FCU underserved areas and the credit union campaign to point out the bankers' hypocrisy. "It is unfortunate it came to the point we had to fix that but there is a lot of support on the Hill for that provision."
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–NAFCU Director of Legislative Affairs Brad Thaler said of the section of the Credit Union Regulatory Improvements Act (H.R. 1537) that would permit all federal credit union charter types to adopt underserved areas.
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