CUNA President and CEO Dan Mica on NCUA Legislative Proposal to spread out cost of replenishing CU Insurance Fund

March 26, 2009

FOR IMMEDIATE RELEASE
Contact: Patrick Keefe
CUNA Communications, 202-508-6765
pkeefe@cuna.com


“Generally, we think the agency has made some great strides over the last several days in developing this legislative proposal. We support the proposal’s objectives, but we have some important questions to bring up with the agency. Ultimately, we hope to work with NCUA to present to Congress and pass legislation that will give credit unions the resources and flexibility they need to replenish the share insurance fund.”


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About CUNA


With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves about 90 percent of America's 8,500 credit unions, which are owned by more than 90 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information, visit www.cuna.org. -->