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NCUA lobby Lobby of the NCUA.

Banking trade groups have called on the NCUA to kill plans to issue rules that would allow CUSOs to expand their lending services.

In comments submitted to the agency, the American Bankers Association and the Independent Community Bankers of America said that the NCUA does not have the power to expand the services and that any expansion would pose risks to the Share Insurance Fund.

David Baumann

Credit Union Times

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