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March 2011

CU Committee on Declaration of Grievances Told Congress of NCUA’s Misdeeds

On March 4th a newly emerged ad hoc group of officials from credit unions located in multiple states calling itself the Credit Union Committee on Declaration of Grievances sent a letter to certain federal lawmakers airing their concerns about…“the sufficiency of the National Credit Union Administration’s actions in regulating the industry and the many federal agencies that are undermining our member citizens.” Sent to federal lawmakers on the House Financial Services Committee and the Senate Banking, Housing and Urban Affairs Committee the letter was signed by thirty-two credit union CEOs, seRead More