User login

MCUA Files Comment Letter on NCUA's Voluntary Liquidation Proposal

On May 2, 2014, the Missouri Credit Union Association (MCUA) filed a comment letter with the National Credit Union Administration (NCUA) on the agency’s proposed voluntary liquidation rule.

The proposal would make minor changes and updates to NCUA’s voluntary liquidation rule. In the letter, MCUA suggested that the agency use all efforts to keep credit unions from liquidating, which NCUA has noted is a very rare occurrence.