The National Association of State Credit Union Supervisors urged the NCUA to carve out bigger role for state regulators in overseeing of corporate credit unions.
NASCUS made its remarks in a March 5 comment letter on the agency's proposed rule for the corporate credit union system.
Among other topics, NASCUS focused its comments on the benefits of enhanced state regulator involvement in the oversight and supervision of the corporates. The group recommended joint examinations and state regulator access to books and records of federally chartered corporates where state-chartered credit unions have a vested interest.
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