WASHINGTON — Officials of NCUA, CUNA and NAFCU have met with officials of President-Elect Barack Obama's NCUA transition team to discuss regulatory and legislative issues of importance to credit unions.
NCUA Chairman Michael E. Fryzel and other two board members each had separate meetings with the team last month but issued no statement following the session.
Officials of CUNA and NAFCU said that at their meetings, which were held yesterday, they discussed subjects such as their desire to keep NCUA a separate agency, the need for additional capital for credit unions and the desire to increase the amount of money credit unions can lend through member business loans.
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