July 28, 1992

John G. Anderson
Executive Vice President
State Employees Federal Credit Union
P.O. Box 12189
Albany, NY 12212-2189

Re: Publication of Member Discharges in Bankruptcy (Your July 17, 1992 Letter)

Dear Mr. Anderson:

You asked whether a federal credit union (FCU) can publish in its newsletter the names of members who have caused the FCU a loss through bankruptcy. We believe such publication would violate Article XIX, Section 2 of the standard FCU bylaws. Enclosed is an earlier opinion addressing this specific issue.

Sincerely,

Hattie M. Ulan
Associate General Counsel

Enclosure

GC/HMU:bhs
SSIC 3700
92-0728