NAFCU today asked NCUA for details about the terms of the agency’s contract with the company that is reviewing all of the investments of corporate credit unions.

The association filed a request today under the Freedom of Information Act for the following information about the contract with Pacific Investment Management Co. (PIMCO): Each contract or written agreement between NCUA and PIMCO related to PIMCO’s analysis of corporate credit unions’ investment portfolios; any written description of the methodology, scope and/or parameters that has or is being employed by PIMCO (or NCUA and PIMCO) in PIMCO’s analyses; and records showing the cost or payment, and a description of the services for each cost or payment, for PIMCO related to services provided by PIMCO.

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