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NCUA official seal NCUA official seal. (Source: NCUA)

Contending that the process is being “unnecessarily rushed,” the American Bankers Association has called on the NCUA to extend the comment period on the agency’s controversial proposal to allow CUSOs to expand their services.

The comment period is scheduled to end on March 29 and the ABA said the deadline should be extended by another 60 days; the new deadline would be May 28.

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David Baumann

 

Credit Union Times

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