Community Investment Practices of Credit Unions Hearing Before the Subcommitte
Community Investment Practices of Credit Unions Hearing Before the Subcommitte
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In our eReader you can find the full English version of the book. Read Community Investment Practices of Credit Unions Hearing Before the Subcommitte Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Community Investment Practices of Credit Unions Hearing Before the Subcommitte
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And if no, why not?
42 Mr. Fergeson. No. As long as we are only talking about CRA regulation as applying to credit unions and banks, then I think that we are willing to fall under the same reflations. I think that credit unions should have the same opportunities and the same re- sponsibilities back to their communities as banks do.
The other things that you mentioned are structure changes, or changes in whole laws. You were talking about nonprofit — or not taxable entities, and you are talking ...about lots of different things that really do not concern the community and what CRA means back to the community.
Ms. Roybal-Allard. But that is really the basis of the argument of the credit unions as to why they should not fall under the CRA regulations is that structurally they are entirely different than banks, and that they do give back to their membership rather than paying profits to a board or shareholders. I mean, my understand- ing is that is one of the bases for the argument against it.
What to read after Community Investment Practices of Credit Unions Hearing Before the Subcommitte?
You can find similar books in the "Read Also" column, or choose other free books by Finance United States Congress House Committee On Banki to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
And if no, why not?
42 Mr. Fergeson. No. As long as we are only talking about CRA regulation as applying to credit unions and banks, then I think that we are willing to fall under the same reflations. I think that credit unions should have the same opportunities and the same re- sponsibilities back to their communities as banks do.
The other things that you mentioned are structure changes, or changes in whole laws. You were talking about nonprofit — or not taxable entities, and you are talking ...about lots of different things that really do not concern the community and what CRA means back to the community.
Ms. Roybal-Allard. But that is really the basis of the argument of the credit unions as to why they should not fall under the CRA regulations is that structurally they are entirely different than banks, and that they do give back to their membership rather than paying profits to a board or shareholders. I mean, my understand- ing is that is one of the bases for the argument against it.
What to read after Community Investment Practices of Credit Unions Hearing Before the Subcommitte?
You can find similar books in the "Read Also" column, or choose other free books by Finance United States Congress House Committee On Banki to read onlineMoreLess
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