Twenty-six credit unions were subjected to fair lending compliance examinations in 2013, according to the NCUA's 2013 Annual Report, released May 12. In total, the NCUA's Division of Consumer Compliance Policy and Outreach spent 5,334 hours examining the credit unions, at an average of 205 hours per credit union.

Regarding the letter from Stuart Perlitsh (Questioning Cost of Small Credit Union Initiatives, CU Times, April 16, 2014) I respectfully submit that we are one of the small credit unions that has benefitted directly from the involvement of the Office of Small Credit Union Initiatives at the NCUA.

Philadelphia credit union opens franchise of Better Homes Realty.