Board Member Fryzel explains why he doesn't support the proposed rule and why a two-examiner policy would be a better alternative.
NCUA Board Member Michael Fryzel lauds NAFCU suggestions to modify member business lending rules.
"I felt there was a lack of effort to reach an agreeable consensus."
Although I never actually checked, my guess is that the great majority of lawsuits that are filed seeking money damages never go to trial. Instead, they are settled between the parties out of court.
One of the things I remember growing up was the monthly newsletter my parents would receive from our congressman, the late Edward J. Derwinski. He would end each correspondence with the saying, “Remember, no one wielded a scepter more powerful than a person who picks up a pencil to write...
At the recent NAFCU Congressional Caucus, Chairman Debbie Matz expressed a plan for regulatory improvement by NCUA. She addressed possible changes in certain regulations and a desire for a more open and transparent process that will allow for the credit union industry to know well in advance what rules are...
The viewpoint expressed by Claude R. Marx in the Sept. 21 issue [Marx on Capitol: “Need More Moneyball, People Power”] makes some strong points as to how credit unions might achieve their longtime goal of raising the member business lending cap.