Richard Garabedian speaks to The American Banker regarding the risks credit unions will face if the National Credit Union Administration appeals Judge Dabney Friedrich’s ruling to overturn portions of its field-of-membership regulation. Richard explains the effect of the ruling, “bankers came out slightly ahead” and cautions that an appeal could lead to more uncertainty. He concludes, “now we have to see whether NCUA will challenge the ruling.”

Read Credit unions face risks if NCUA appeals field of membership ruling, The American Banker, April 2, 2018. (Subscription)