NCUA Audit Reports Show There’s Something Wrong
The NCUA board touts its payback to credit unions, but soaring reserves hide a different story.
The NCUA board touts its payback to credit unions, but soaring reserves hide a different story.
Hike the Hill, demand change, join together to encourage state and federal lawmakers to step in and save the system from the regulators.
The regulator listens to no one but itself — keeping more and spending more while the FDIC shrinks. Now, the fund owners have the means to model the fund’s performance.
Creating future accounting fictions is at the core of the regulator’s rationale for paying itself more and returning less to credit unions.
How will independent experts view the NCUA’s merger of the corporate credit union bailout leftovers into the share fund?
ADA website demand letters and lawsuits leave the movement seeking regulatory relief through more regulation.
The industry is increasingly looking to operatives to advance its agenda at state houses and on Capitol Hill.
Keeping credit unions’ money for itself in the corporate bailout fund merger is the last straw — NCUA’s self-interest trumped its cooperative responsibility.
Are you willing to get involved in saving the NCUA from itself and the credit union movement for future generations?
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NCUA Audit Reports Show There’s Something Wrong