Arizona League: It's Still Too Soon to Tell

PHOENIX — After applauding CUNA and NAFCU for a "significant step forward" in forming the joint task force on corporates, the Arizona CU League's Pat Bodnar said, "ACUL feels that it is premature to form an opinion at this time regarding the potential impact of the recommendations outlined in the task force report. It is essential to communicate with our member credit unions about any important issues impacting the credit union movement. We have asked that our member credit unions provide comment on NCUA's Advanced Notice of Proposed Rulemaking. Each credit unions' individual situation is unique, influencing their comments. A statewide collective opinion has not been determined, however we are reaching out to our credit unions to gather their thoughts and reactions in order to support them in the best way possible."