X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON — Citing the severe damage to the industry and even its elimination, credit union leagues were quick last week to join in attacking the Treasury Department’s consolidation plan as unworkable and anti-consumer. But one league CEO, John Annaloro of Washington State, found a silver lining.

Like other state leagues, the Washington League fired off angry letters to Treasury Secretary Henry Paulson lambasting the regulatory plan in its present form as abhorrent and shameful, Annaloro said. However, the Treasury package does provide real opportunities “for an interesting future.”

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

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.