More than 200 people filled the NCUA's Jan. 22 town hall meeting to capacity and then some. Buddy Gill, chief advocacy officer for the Texas Credit Union League, attended the meeting and described the collective audience mood as "skeptical, but not combative."

As it was the first town hall event since the regulator unveiled its proposed corporate rules, corporate issues dominated the four-hour session. The panel of NCUA Chairman Debbie Matz, Board Member Michael Fryzel and senior staff also discussed proposed changes to the field of membership rules, credit union capital, member business lending and regulatory restructuring.

"Today's session yielded serious and important discussions that touched on the most significant issues facing the credit union industry," Matz said. "I am encouraged by the continuing dialogue at the town hall meetings and look forward to applying this valuable information as we move toward a final rule."