State Employees Credit Union of Maryland President/CEO Rod Staatz is scheduled to discuss the importance of a secondary housing market to credit unions at a hearing of the Senate Banking Committee next Tuesday.
The panel is holding the hearing on the needs of smaller financial institutions with regard to the housing finance system.
Staatz, whose credit union is headquartered in Linthicum, Md., and has assets of $1.8 billion, is testifying on behalf of CUNA. The ABA and Independent Community Bankers of America also are expected to testify.
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