NCUA Chairman Deborah Matz has assured leaders of Texas credit unions the agency expects to honor expiring service contracts CUs have with conserved corporates possibly putting the contracts on a month-to- month basis.
In remarks made last Friday at one of NCUA's town hall gatherings in Dallas, Matz discussed pricing concerns of CEOs and board members telling the gathering that during the 24 month operation of bridge corporates the agency may "honor current pricing for the period" on a monthly cycle.
Her comments were directed to CUs which have contracts with the conserved Southwest Corporate FCU.
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