tag:blogger.com,1999:blog-2330294340043347758.post5710245557160923780..comments2023-04-27T05:35:24.073-04:00Comments on Jim Blaine on Credit Unions: Buffalo Springfield....Jim Blainehttp://www.blogger.com/profile/15231738536629398905noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2330294340043347758.post-1364683781440139212012-02-01T14:06:44.027-05:002012-02-01T14:06:44.027-05:00Yes. But running well ahead of that option is 1)a...Yes. But running well ahead of that option is 1)amending the FDIC Act to add credit unions as eligible for FDIC insurance - give folks a choice! 2) forcing the split off of the NCUSIF from the NCUA - called curing the conflict of interest potential that many believe brought the FSLIC down; and 3) a straight conversion to mutual/stock bank charter....<br /><br />Personal favorite is "reform", but .... that requires someone to actually be willing to listen and change where beneficial.Jim Blainehttps://www.blogger.com/profile/15231738536629398905noreply@blogger.comtag:blogger.com,1999:blog-2330294340043347758.post-82761826197971660222012-02-01T11:31:26.459-05:002012-02-01T11:31:26.459-05:00Has there ever been any discussion on changing Nor...Has there ever been any discussion on changing North Carolina state law to allow state-chartered Credit Union's to be privately insured? Dual charter, dual insurance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2330294340043347758.post-77960249347821360352012-01-31T13:31:22.263-05:002012-01-31T13:31:22.263-05:00By the way, don't think this is a complaint ab...By the way, don't think this is a complaint about "government regulation". N.C. has historically had strong and effective regulation. The concern is over "imported" weak, ineffective, and inconsistent practices. Growing preference for the FDIC - folks 'down here' want a strong federal insurer. A weak one costs a lot more....Jim Blainehttps://www.blogger.com/profile/15231738536629398905noreply@blogger.comtag:blogger.com,1999:blog-2330294340043347758.post-50225772819523651162012-01-31T13:02:00.204-05:002012-01-31T13:02:00.204-05:00Don't know; some other folks have suggested a ...Don't know; some other folks have suggested a "Sicilian solution"....Jim Blainehttps://www.blogger.com/profile/15231738536629398905noreply@blogger.comtag:blogger.com,1999:blog-2330294340043347758.post-57416371946293826882012-01-31T12:57:19.203-05:002012-01-31T12:57:19.203-05:00Maybe North Carolina CU's should hire Eugene S...Maybe North Carolina CU's should hire Eugene Scalia, at Gibson, Dunn & Crutcher? He's had some success fightng Government regulation.timnoreply@blogger.com