THE 'tude

Last week the NCUA board asked for comment on a new capital rule that could significantly undermine credit unions’ ability to serve their members and the system’s financial soundness.

The most disastrous event in the 110-year credit union story, the corporate crisis of 2008/9, has created its own myths and interpretations.  The good news is that most credit unions successfully navigated the burden of paying billions of unneeded premiums.