WASHINGTON -- House Banking Committee Chairman Henry Gonzalez is questioning the independence of corporate credit unions, especially U.S. Central Credit Union.

"My primary concern with this unique structure is the fact that the industry's largest trade association, through interlocking directorates, has an inordinate influence over the operations of U.S. Central and about one-half of the other 40 corporate credit unions," the Texas Democrat said at a heating last week.

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