WASHINGTON -- The credit union industry's top regulator blasted the Office of Thrift Supervision on Wednesday for casing restrictions on credit union conversions to thrifts.

"I don't really know if it is proper for an agency, which the administration and others plan to merge out of existence, to be seekmg to expand its tuff," National Credit Union Administration Chairman Norman E. D' Amours said in a brief statement.

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.