Single taxi medallion loan sale not in best interest of CUs, members

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NCUA selling its portfolio of taxi medallion loans is not an appropriate step at this time, CUNA wrote NCUA, as it may harm not only the credit unions holding taxi medallion loans but ultimately all federally insured credit unions due to the effect on the NCUSIF.

https://news.cuna.org/articles/117157-single-taxi-medallion-loan-sale-not-in-best-interest-of-cus-members