WASHINGTON - The American Bankers Association took shots at the top credit union regulator's description of the industry's members.

In a Dec. 11 letter to National Credit Union Administration Chairman Norman E. D'Amours, ABA president James M. Culberson Jr. charged that credit unions' clientele is more well heeled than the regulator or the industry like to acknowledge.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.