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The NCUA should have its proposed regulations for corporate reorganization ready next month or at year-end and by then credit union executives should be taking an active part in the comment period, the co-chairmen of the CUNA/NAFCU Corporate Credit Union Restructure Policy Task Force declared this week.

Commenting separately on the joint task force work since release of its recommendations Sept 3, CUNA’s Terry West, CEO of Vystar CU in Florida and Michael N. Lussier, CEO of Webster First FCU in Massachusetts, appealed for industry patience amidst ongoing debate about “who is surviving” in a reference to NCUA’s likely folding or consolidation of some of the 28 corporates.

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