NASCUS: NCUA Should Only Review FISCU Mergers for Share Insurance Risks

NASCUS: NCUA Should Only Review FISCU Mergers for Share Insurance Risks

The NCUA should butt out of merger reviews of federally-insured, state-chartered credit unions (FISCUs) unless there is a safety and soundness issue that poses risks to the Share Insurance Fund (SIF), NASCUS said, in comments submitted to the agency.

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