CUNAGAC: CUNA Responds to NCUA Acting Chairman McWatters’ First Address

FOR IMMEDIATE RELEASE

Contact: Vicki Christner – CUNA Communications; 202-329-9950; vchristner@cuna.coop

Washington, D.C. (February 28, 2017) – In his first address since his designation as Acting NCUA Board Chairman, J. Mark McWatters spoke today at the Credit Union National Association’s Governmental Affairs Conference (CUNA GAC).

“CUNA and our League partners thank Acting NCUA Board Chairman J. Mark McWatters for giving his first speech as acting chairman today and his comments about the direction of the agency which may allow credit unions to be more effective in providing products and services to their members,” said Bill Hampel, CUNA Chief Policy Officer. “We’re pleased that Acting Chairman McWatters’ laid out his top priorities, including his plan for 2017 is to merge the share insurance and stabilization funds to be able to begin rebating stabilization assessments this year – something for which CUNA and our members have long advocated.”