WASHINGTON — NCUA Chairman Michael E. Fryzel reiterated his pledge to take an active role in preventing problems before they occur during a speech before the suburban chapter of the Maryland and D.C. Credit Union League."We must continue a proactive approach to consumer protection during these troubling economic times. With vigilance and thorough supervision NCUA can continue to ensure safety and soundness to consumers who make credit unions their financial choice," Fryzel said in a Nov. 13 speech to the group. "In his, I need your help."He noted that while most credit unions are in good shape, he promised to work with Congress, the Federal Reserve and Treasury Department to ensure that his agency has the resources needed to help credit unions deal with the financial crisis.Fryzel urged attendees to help out economically distressed members and suggested that they reevaluate everything they do to improve all aspects of the services they provide to members.–[email protected]
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? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
