Read your take on why a RBC legal challenge is a waste. (“RBC Legal Challenge Is a Waste,” Jan. 28, 2015, Credit Union Times) Honestly surprised to hear you think that CUNA and NAFCU would be wasting time and effort as well as a considerable amount of cash on fighting something that harms credit unions and in the vernacular of the street is a ”lot of crap”. Most commentators have already noted that this is stupid and unnecessary but putting this aside for the moment your assertion begs the question. Just what do you think CUNA, NAFCU and the other groups should do? Should they roll over and play dead? Perhaps they should just ignore the whole thing and wait for the next threat to ignore as well. Are you kidding me?

Challenging NCUA on this issue is not only right it is an imperative for the Trades. Failure to represent the credit unions they serve would just be another silent yet defining statement of their unwillingness to fight for the credit unions they represent no matter what the cost.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical 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 and

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.