Tuesday, December 13, 2011

Maintaining Credibility..... "In-" or "Un-" ????

Despite the thorough and positive legal research developed by attorneys with CUNA to the contrary; NCUA is apparently determined to maintain (without any visible additional thought) its previous opinion, that CUs may withdraw from the NCUSIF without fulfilling their pre-existing financial obligations to the Fund for the demise of the corporate network.

For a CU to be permitted by the NCUA to "skip out" on a debt owed to other credit unions as well is simply unjust and unfair. 

NCUA's stance on unfairness and injustice remains.....

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