After receiving a torrent of criticism from credit unions and trade associations, the NCUA announced Friday it was reversing course and would post comments received about its proposal to allow for prepayment of premiums for corporate credit union rescues.
"Concern that some comments might include sensitive business or financial information led NCUA to originally decide not to post the comments publicly. A review of the comments received to date, however, indicates that none of them contain such sensitive information," NCUA spokesman David Small wrote in an email.
Small said the agency will begin posting comments on its website on June 10. He said that anyone who has submitted comments so far and don't want to have made public can notify the agency before then.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
