The standoff between the NCUA and the North Carolina Credit Union Division continued Tuesday with each side staking positions and stating differences.
Gregg Stockdale, CEO of 1st Valley Credit Union, has several reasons why it may be dangerous for credit unions to release their CAMEL scores.
For another week, the dispute over the CAMEL rating disclosure involving the NCUA, the North Carolina Credit Union Division and the $23 billion State Employees’ Credit Union of Raleigh, N.C., continued to roil the state’s CUs as managers expressed new frustration and anxiety over dual exams.
Plenty of attention to go around for players in the NCUA-N.C. showdown over CAMEL scores.
State regulator disputes NCUA meeting account; SECU's Blaine lashes NCUA about "underpants on fire."
Judy Tharp at Piedmont Advantage CU says let the release authority expire in June and the issue can go away.
Self-Help CU CEO Martin Eakes calls for NCUA Chairman Debbie Matz to come to North Carolina to settle the dispute.
NCUA Board chairman says agency has "no confidence" in N.C. regulator, forcing federal agency to conduct its own examinations.
One CEO: "A tempest in a teapot and we're the teabag." Another calls examiner visits a "blitzkrieg."
CUNA CEO says no credit union "should be disadvantaged by the actions of a regulator."