Office of the Comptroller of the Currency seal Source: Shutterstock.

The American Bankers Association has asked the Office of the Comptroller of the Currency to reject any proposed merger of a federal savings association with a credit union, saying the agency may not have the power to approve such a deal.

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

  • 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

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.