CUNA joined the Michigan Credit Union League Wednesday in opposition to an ad hoc petition circulating online this week calling for what were described as a series of "radical" steps to overhaul NCUA operations.
The petition, advanced by the president/CEO of a Grand Rapids, Mich. CUSO and circulated across the U.S. to CEOs and CUSO leaders, calls for Congressional oversight of the NCUA Board and splitting NCUSIF from the agency among other ideas.
In distributing the five-point petition, Randy Karnes, head of the 90-member CU*Answers, called "real debate" and said, "unless we push for real change, nothing will truly evolve."
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