A Tennessee-based group of credit union CEOs angry with the NCUA said this week it has grown to 45 members and is taking its message to the nation's capital in person soon.
David Proffitt, president/CEO of the $166 million Alcoa Tenn FCU and coordinator of the Committee on Declaration of Grievances, said the ad hoc group has been gaining industry support since its March drafting of a seven-page letter to Congress complaining of what it called serious failings by the NCUA.
Committee members, which includes managers from North Carolina and Ohio, have warned that the NCUA's assessment schedule "and corporate bailout" are leading to industry destruction.
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