ATLANTA -- From hiring outside commercial lending consultants to revamped courses, the NCUA continues to reassure credit unions that it is doing more to bring examiners up to speed.
Nearly 45% of the NCUA's examiners have been on staff for less than three years, said Robert Parrish, supervision analyst for NCUA's region III, speaking at the Member Business Solutions LLC's Credit Union Small Business Summit this afternoon. Examiners who are in the grade 12 category are required to attend all three levels of training coursework.
Parrish acknowledged that the Federal Financial Institutions Examination Council puts out many guidance letters on issues related to job responsibilities. Unfortunately, some may get lost in the shuffle of everything going on with an examiners day to day schedule. He said the revamped real estate and commercial lending courses have been in place since the latter part of 2009.
Separately, Joe Torre, senior credit policy officer at MBS, told Credit Union Times that stronger training is necessary so that examiners can see things in a broader context rather than piecemeal. He also suggested the NCUA should look more to hiring former bankers and professionals from the FDIC who might be able to see things with a fresher view.