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NCUA has proposed two regulations that would bring more transparency to credit unions. Both regs were shunned by CUNA, NAFCU and many credit union leaders.

It’s time to get concerned. How quickly we forget the problems of the past? Credit unions have urged NCUA to jump into the hostile takeover issue, they have asked NCUA to ensure compensation of executives is disclosed in any potential bank conversion, and they were outraged when NCUA didn’t step in and enforce the member petition for a special meeting in the DFCU Financial case.

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