The National Credit Union Administration can expect a fight with some state credit union leagues if it bans shared management between trade groups and corporate credit unions.

"If there is a regulation on interlocks, we'll certainly respond," said Carroll D. Beach, president of the Colorado Credit Union League. "It'd be premature to say what action would be taken. It depends on what the regulation says."

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.