NORTH HIGHLANDS, Calif.-After the devastating collapse a number of the largest corporate credit unions and NCUA's new rules for rebuilding many corporates, the question now is whether the credit union community is safer as a result.

The answer is the subject of spirited debate, suggest several sources, many of whom are split on whether CU investments are better protected today, with some stating NCUA's new corporate guidelines have created greater security moving forward, while others take the exact opposite view, arguing in one case the agency has "created a monster."

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