03/23/2026 05:08 pm
KENNEWICK, Wash.— Doug Wadsworth, president/CEO of the $75-million Tri-CU Federal Credit Union and president of the Endangered Small Credit Union Defense (ESCUD), is pressing both the NCUA and CFPB to give small credit unions broad relief from NMLS/SAFE Act mortgage-loan originator requirements, arguing the rules impose costly compliance burdens with little or no consumer or safety and soundness benefit.