Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ARLINGTON, Va. — The NAFCU Board met with Federal Reserve Governor Kevin Warsh and staffers on Dec. 4th, its 15th such annual meeting held to discuss credit union issues and present the findings of its 2007 Report on Credit Unions.

“We had a very good conversation with Governor Warsh and other Federal Reserve staffers,” said NAFCU Chief Economist Dr. Tun Wai. “We gave them an overview of credit unions’ situation in the financial marketplace. These talks are for the most part confidential, in order to allow a frank conversation, but I can tell you that we told them that credit unions were doing just fine. They are very interested in hearing about ‘where the rubber meets the road’ in terms of lending, particularly with regard to problems in the mortgage area.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.