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Contact:
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Robert Schmermund
(202) 857-3104
Jim Eberle
(202) 857-3145
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Jim Eberle
(202) 857-3145 (work)
(703) 893-2593 (home)
[email protected]
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For Immediate Release
June 9, 2005
#05-35 |
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E-mail:
[email protected] |
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ACB URGES CONGRESS TO SCRUTINIZE NCUA CONVERSION POLICY
Editors, Reporters:
America’s Community Bankers has urged Congress to scrutinize the policy and regulations of the National Credit Union Administration on the conversion of credit unions to mutual savings banks. ACB said in a letter to all members of the House Financial Services Committee that the NCUA’s invalidation of attempts by two Texas credit unions to convert is the latest example of the agency exceeding its statutory authority.
Click here for the letter.
America’s Community Bankers is the national trade association committed to shaping the future of
banking by being the innovative industry leader strengthening the competitive position of
community banks. To learn more about ACB, visit
www.AmericasCommunityBankers.com.
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