Roberts, Ed
January 2011
Credit Union Journal;1/24/2011, Vol. 15 Issue 4, p24
Trade Publication
The article offers news briefs related to credit unions (CU) in the U.S. The two backers of the CU lobby, Senator Joseph Lieberman and Senator Kent Conrad had announced their retirement plans from the Senate. The National Credit Union Administration (NCUA) was being opposed of its proposal to extract funds from privately insured CU's as payment of the corporate losses. Cyndi Tiferet, president of Boise Valley CU, states that the privately insured CUs are not under the legal authority of NCUA.


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