Comment from The League of Credit Unions and Affiliates
The League of Credit Unions and AffiliatesSupportAdvocacy
Summary: The League of Credit Unions & Affiliates supports the NCUA's proposal to clarify that requiring the purchase of a product or service as a condition of membership does not automatically disqualify an associational group from eligibility. They argue that the proposal aligns with statutory intent, reduces administrative burdens for credit unions, and correctly distinguishes between incidental transactional relationships and primary client-customer relationships.
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