In mid-October, Whatcom Educational Credit Union in Bellingham, Wash., will undergo one of the Evergreen State’s first separate examinations for consumer compliance, now required of all Washington state chartered credit unions with more than $500 million in assets.
Although the NCUA is already addressing key findings revealed in a national survey conducted by CUNA and its affiliated state league organizations, the trade association told Credit Union Times that the results still show room for improvement.
Trade group says agency already addressing key findings in its survey of 1,500 respondents about examination process.
State and federal regulators confirm agreement that will reinstate combined exams halted in fracas over SECU CAMEL score disclosure.
Change follows exam appeal by Commodore Perry FCU that was elevated to the Supervisory Review Committee.
Ohio credit union working on appeal of its CAMEL score after accusing NCUA examiner of harrassment.
Agency review panel again backs staff in examiner harassment charge; Ohio credit union eyes courts.
Ohio credit union expects early December decision over CAMEL retaliation appeal after Wednesday hearing.
Agency says request must “produce evidence that would warrant a belief by a reasonable person that an alleged Government impropriety might have occurred."
Manual is product of two-year project to improve examination consistency and efficiency, agency says.