The attack on NCUA policies spearheaded last December in a petition drive by a Michigan CUSO group entered a new phase last week when a Tennessee group joined the fray.

The latest barrage was unleashed by an ad hoc group of 32 CEOs and credit union executives complaining directly to Congressional committees.

The group, the Credit Union Committee on Declaration of Grievances, listed its complaints in a seven-page letter and demanded lawmakers make needed changes and bring the NCUA under tighter control.

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