NCUA Board Member J. Mark McWatters believes credit union input is critical to helping the agency better regulate the industry, and he made his point once again this week at a Denver meeting of credit union executives and board members from Colorado and Wyoming.

"Listening to the ideas and recommendations of individuals working within the credit union system on a daily basis provides me with invaluable insight on how I may help relieve their regulatory burden and provide greater transparency of the regulatory process at NCUA," McWatters told participants this week at an event organized by the Mountain West Credit Union Association and hosted by the $269 million Denver Community Credit Union.

"I have called for hearings on the NCUA budget and for the employment of advisory committees to provide the agency with a common-sense perspective of the credit union community," McWatters added.