Mr. Tim Molan:

The level of regulation has not eased, but we have got better at managing it. An important point was made about the ability of smaller credit unions to be responsive in business and other lending. The vehicles about which my colleagues spoke are very important. Scrutiny by public representatives in a public forum such as this is very valuable as it informs the pace at which things are done, as well as the nature of what is being done. It is important that smaller credit unions and their communities not be excluded by virtue of the collectivity of assets.