Exam Bill Reveals Split Between NCUA and CU Execs
While industry representatives said new legislation on financial institution exams is sorely needed, an NCUA executive more than begged to differ.
Feb. 10, 2012 - NCUA Says Dual Exams Over, For Now
JetStream FCU President/CEO Jeanne Kucey said the current examination process “by its very nature, can be inconsistent.”
Kucey, whose Miami Lakes, Fla.-based credit union has assets of $126 million, added that the standards by which credit unions are evaluated shouldn’t change from examination to examination. She testified on behalf of NAFCU.