Thomas Renz, president of the $32 million Commodore Perry FCU,said he expects a decision from the NCUA's Supervisory ReviewCommittee regarding his exam appealby the first week in December.
|SRC Chairman Joy Lee confirmed that timeline, saying thecommittee anticipates issuing a decision on the appeal within 30days.
|The Oak Harbor, Ohio-headquartered Commodore Perry alleges itsriskier CAMEL score resulted from examiner retaliation after creditunion management complained to NCUA that its examiner harassedemployees.
|Renz said the appeal hearing Wednesday at NCUA headquartersaddressed the question of whether NCUA Region III Director HerbYolles erred when he denied the credit union's appeal of its CAMELscore.
|The credit union told the SRC it doesn't believe Yollesconspired to purposely deny the appeal but rather, depended upon“incomplete and incorrect” information from Examiner Roger A. Clark.
|“We don't have access to all the information (Yolles) had, butour exam report was incorrect,” Renz said.
|The Ohio credit union executive called the hearing “veryinteractive” and said the three NCUA employees that sit on the SRC“listened” to what the credit union had to say.
|Lee, the SRC chairman, told Credit Union Times onFriday the committee is “giving full, fair and independentconsideration” to the information Commodore Perry officialspresented in their appeal.
|“The committee requested additional information from CommodorePerry and will also meet with appropriate NCUA staff. After thatmeeting and a review of the requested documents, the committee willbe able to issue its decision in accordance with its guidelines andanticipates issuing a decision within 30 days,” Lee said.
|{ The story line:
- Nov. 9, 2012 Commodore Perry Appeal Decision Due in 30Days
- Nov. 2, 2012 NCUA OIG Denies Request for Report
- Oct. 26, 2012 Commodore Perry Appeal Set for Nov. 7
- Oct. 25, 2012 CPFCU Prez, Attorney Say Appeals Process Dodges RealIssue
- Oct. 25, 2012 Appeals Panel Can Toss Commodore Perry ExamFindings
- Oct. 24, 2012 Ohio CU Left Wondering How to Prep forAppeal
- Oct. 11, 2012 NCUA Stands by Examiner in HarassmentAppeal
- Oct. 9, 2012 NCUA Buys Time in Commodore PerryAppeal
- Oct. 4, 2012 Commodore Perry FCU Says Documentation ProvesClaims
- Oct. 3, 2012 Ohio CU Says NCUA Examiner Harassed,Retaliated }
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