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| Another "VA-like" problem? |
The potential mismanagement of the NCUSIF is a concern of long-standing among knowledgeable credit union boards and staff. Pressure from Mark McWatters and Congress [administering yet another in a series of embarrassing blows in public hearings to the Agency's credibility]
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| "Serial redactors"! |
Shouldn't you be asking a few questions?
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| "I will, I will, I will..." [Oh yeah? When?] |
Or perhaps your trade associations - leagues, CUNA, NAFCU, NASCUS - could do a little "roaring" on your behalf !!
[All acknowledge that no legislation is likely in an election year; so it's not like they are exactly "over-worked" right now!]
ASK NOW FOR A COPY OF YOUR TRADE ASSOCIATION'S WRITTEN POLICY STATEMENT ON THE OVERHEAD TRANSFER RATE ISSUE.
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| "Don't worry. We're on top of it!" |
If they don't have one, consider investing your dues in something more productive like your hometown food bank!
1 comment:
Credit unions ceo's don't have time to to worry about OTR. They are too busy picking their next exotic conference trip or booking the board planning session in Jamaica.
The trades? Too busy trying to keep or get new members. It's all about the dollars. The OTR issue will be here today, tomorrow and into the future and regardless of what is said or done by NCUA, credit unions will continue to pay, pay, pay.
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