CUNA’s Letter to WSJ Editor Defends Strong CU Management Record
In response to an article published on June 6th, Bill Hampel, Interim CUNA President/CEO, penned a letter to the editor of the Wall Street Journal that was published on Saturday in which he takes issues with the article’s characterization that credit unions face increasing exposure to interest rate risk. Hampel remarks that credit unions' exposure to long-term risk is well-managed and points out that long-term CU assets comprise only 35% of total CU assets. [6/23/14]
