One credit union chief executive is hopeful the Financial System Inquiry will usher in prudential reform that suits his business."Certainly the Murray inquiry is making all the right noises about an equitable prudential environment," Peter Evers, chief executive of Adelaide-based People's Choice said.Evers said at a recent industry roundtable that "it was clear the major banks have a major adverse effect on the prudential settings, especially the mortgage risk weights."How different it will be, we'll see in November. And how the government responds, we'll look forward to that as well. So there's a couple of hurdles yet."Evers charged major banks with "loss leading" on "under the table" home loan discounts, which a recent study by JP Morgan put at up to 140 basis points.He said that, in the wake of the inquiry, "I think we'll be able to retain more business," either due to lower risk weights for small ADIs or a higher capital charge for bigger banks depending on the inquiry's final view and APRA's follow up.People's Choice Credit Union yesterday released an outline of its June 2014 full year. It put its "underlying net profit" at A$25.5 million, after adjusting $5.5 million for a "one-off asset sale in 2013."Loan balances increased three per cent to $5.83 billion.