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Credit score unions have earned the power to serve their members by a long time of placing folks first. As we speak’s setting means not solely supporting pro-credit union insurance policies, but in addition combating again towards insurance policies that put boundaries between shoppers and credit score unions.
Banks and different for-profit entities can’t compete with the credit score union distinction, in order that they’ll use any alternative to assault what we do.
We consider the modifications to NCUA’s name report requiring reporting of sure price revenue is a coverage that may in the end be used towards credit score unions.
We’ve referred to as on NCUA to not publicly disclose this knowledge – we’re involved doing so will present further alternatives for cherry-picked knowledge for use towards credit score unions.
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