CUNA and NAFCU are pleased that the NCUA would remain a separateagency but expressed concerns about several other provisions of theregulatory restructuring bill introduced by Senate BankingCommittee Chairman Christopher Dodd (D-Conn.) today.
CUNA President/CEO Dan Mica focused on the additionalexamination requirements for credit unions as part of the proposedConsumer Financial Protection Agency.
"Credit unions are unique, and need a unique regulator in allaspects of examination and supervision," he said in astatement.
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