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The NCUA will likely propose stricter rules to regulate allowable risks for corporate credit unions but won’t specify the number of corporates that will remain, NCUA Chairman Debbie Matz told Credit Union Times last week.

“We won’t prescribe how many [corporate credit unions] there will be, but we will set out parameters for how they should function. One area was risk, if we had stronger regulations about the concentration of risk and more closely regulated the types of securities, it might have had an impact on the current situation,” she said in an interview.

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