Nussle Statement on NCUA Review of Guidance and Legal Opinion Letters

February 26, 2020

February 25, 2020
Washington, DC

Lauren Williams
CUNA Communications

Credit Union National Association (CUNA) President/CEO Jim Nussle released the following statement after National Credit Union Administration (NCUA) Chairman Rodney Hood made an announcement at the CUNA Governmental Affairs Conference (GAC) regarding the NCUA review of guidance and legal opinion letters. 

“Chairman Hood’s announcement today at the CUNA GAC that the agency would conduct a comprehensive review of all NCUA’s guidance letters and legal opinions is an important step toward helping reduce the burden that credit unions face in delivering on their mission to promote thrift and provide access to credit for provident services. Consumers turning to credit unions stand to benefit when resources are focused on their needs rather than onerous, repetitive hurdles.”


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