Even though the federal pay freeze moving through Congress only applies to executive branch agencies, the NCUA Board should have it apply to the agency’s employees, CUNA President/CEO Bill Cheney wrote NCUA Chairman Debbie Matz today.

“In light of this new proposal from the Administration and continuing negative pressures on credit unions’ net income, we urge the NCUA Board to agree to implement the freeze to the fullest extent possible, whether it technically applies to the agency or not,” Cheney wrote.

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