Even after NCUA announces its plan to dispose of $50 billion worth of toxic corporate assets, NCUA Chairman Debbie Matz said natural person credit unions must still make tough choices regarding the future of the corporate system.

“You will soon be facing the choice of either recapitalizing a corporate or finding other ways to obtain the same type of services that corporates have provided,” Matz told 800 Texas Credit Union League members at their annual meeting yesterday.

 

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