|Try that again...|
The best example is the very clear danger that the public ( and Congress !) will be misled into believing that CU loans are weaker and riskier than those held by banks; when every historical analysis shows that CU lending results have always been much stronger, more positive!
Certainly comparing > 60+ CU delinquency with > 90+ bank delinquency "on an equal basis" is comparing a good orange with a bad apple! Comparing 60+ day delinquency to capital for CUs will always create a higher (less favorable!) ratio than comparing 90+ day delinquency to capital for banks - always!
NCUA is knowingly permitting the public to be misled - and hurting all credit unions.
"Can't happen, you're just making things up!" Wanna bet….