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Ignoring a plea from NCUA Chairman Rick Metsger, Rep. Frank Guinta (R-N.H.) introduced legislation Thursday that would require the agency to adopt an 18-month exam cycle for certain credit unions.

In a letter to Guinta (pictured) earlier this week, Metsger said he hoped the congressman would hold off on the legislation and allow the NCUA to adjust the exam cycle itself.

David Baumann

 

Credit Union Times

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