Editor’s note: The following letter to the editor was originally posted as a comment to our April 7, 2015 CUTimes.com letter to the editor, “Why Are Credit Unions the Last to Know?” by Alicia Nelson, and our April 10, 2015 Editor’s Column, “Oh, the Irony: The NCUA, NCUSIF & Alabama One” by Executive Editor Heather Anderson.

RBC1, RBC2 and now this (the NCUA’s NCUSIF Improvements white paper, which NAFCU Director of Regulatory Affairs Alicia Nelson called “another piece of the NCUA’s agenda for mitigating perceived risks within credit unions”) … same old, same old! It’s the same group operating in the same manner with the same disregard for the regulated. It’s just a different object of their deliberations that is receiving “the NCUA treatment,” and is yet another reason why the NCUA needs an advisory group similar to the one at the CFPB. It’s easier to fix something when it’s being deliberated than when it’s put forth as a really stupid idea. I would recommend the NCUA to sit in on the credit union advisory group meeting and witness what listening actually looks like.

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?


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 TreasuryandRisk.com and Law.com.

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

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