Credit Union Exam Solutions Presents With Flying Colors

NCUA has the authority to take what is called a conservatorship action, resulting in the credit union board of directors being removed.  NCUA then wears 3 hats:  insurer, regulator, and credit union operator - representing the interest of the members.

These are complicated and rare, but one happened last week, and a few happen every year.  Steve, Todd, and I discuss everything you need to know about conservatorship.

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