CUNA Regulatory Comment Call


September 26, 2003

CONVERSION OF CREDIT UNIONS TO THRIFTS

EXECUTIVE SUMMARY

BACKGROUND

DESCRIPTION OF THE PROPOSAL

QUESTIONS REGARDING THE PROPOSAL

  1. Do you agree that the proposed disclosures would enhance a member’s ability to make informed decisions about the conversion?
    Yes ______ No ______

    If not, are there additional/other disclosures that should be included in the notice to members?
















  2. Do the proposed disclosures assist converting credit unions to more fully understand what the agency expects to be included in the notice to members?
    Yes ______ No ______

    Please explain why or why not.
















  3. Would making the proposed disclosures in the notice to members significantly increase the regulatory burden for converting credit unions?
    Yes ______ No ______

    If yes, please quantify or further describe the burden.
















  4. Other comments?
















Eric Richard • General Counsel • (202) 508-6742 • erichard@cuna.com
Mary Mitchell Dunn • SVP & Associate General Counsel • (202) 508-6736 • mdunn@cuna.com
Jeffrey Bloch • Assistant General Counsel • (202) 508-6732 • jbloch@cuna.com
Catherine Orr • Senior Regulatory Counsel • (202) 508-6743 • corr@cuna.com