I believe the central bank does not want credit unions involved in lending large amounts for the future & after speaking to a couple of people I know who have negotiated new terms with the bank for their loans, they are being advised that they must pay the bank loan before any credit union debt. They were also advised that this is a guideline from the central bank! It looks to me as if the CB is again letting the banks take centre stage & attempting to undermine CU's - the CU's may have made mistakes, but they have been with us in good times & bad. Having the banks calling the shots again does not give me any sense of comfort - they made such a great job of things in the past!,