The NCUA's MBL rule proposal could position credit unions as valuable community lending sources.
All of us in the credit union industry–regulators, credit union professionals and directors–have a role to play. Our actions have consequences both short term and long term. I fear that the actions of some of us are leading credit unions on a path to mediocrity.
The NCUA is currently considering amendments to Part 703, the investment regulation. NCUA has not yet issued proposed changes.
The NCUA is currently considering amendments to Part 703, the investment regulation. NCUA has not yet issued proposed changes. From them, consider this idea: a mutual fund of credit union loans.
The stories we tell ourselves frame how we view the world, our place in it and how we respond to it. I call this internal viewpoint our myths,
Credit union people are like family to me, but, like family, sometimes there is a need to have a heart-to-heart talk.