CUNA backs, NCUA opposes exam fairness bill

The Financial Institution Examination Fairness and Reform Act (H.R. 3461) is “a firm step in the right direction toward ensuring the federal financial institution regulatory agencies conduct fair exams, which are consistent with the law and regulation and ensure safety and soundness,” West Virginia Credit Union League President/CEO Ken Watts said during a Wednesday House hearing. He was testifying on behalf of CUNA.

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