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CUs, Bank Trade Groups Clash Over CFPB Regs

PYMNTS

Jim Nussle, president and CEO of the Credit Union National Association (CUNA), recently requested that all CU supervision be handled by the National Credit Union Administration (NCUA). Government Accountability Office (GAO) that were “sharply critical of the adequacy of NCUA supervisory procedures, and the competency of NCUA examiners.”

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