LENEXA, Kansas — U.S. Central Corporate CU, which would be eliminated under the recommendations by the joint CUNA/NAFCU task force, declined comment on the report, noting it is in conservatorship and under the control of NCUA. They agency's John McKechnie said both the top-tier corporate and the regulator were not commenting on the task report, aside from a statement from NCUA Chair Deborah Matz: "NCUA is in the process of reviewing the correspondence from the Corporate Task Force. As we move through the corporate rulemaking process, NCUA will carefully evaluate all input from stakeholders with the goal of producing a corporate regime that is stronger, more durable and better suited to the changing needs of the credit union industry."
Processing Content
