The list is long on 2012 news and actions emanating from the NCUA: CUSO loan participations rules, an easier op-in process for low income credit union designation, a 6.1% increase in the agency’s budget for the next fiscal year and the October departure of Gigi Hyland.
A week after super storm Sandy slammed into the East Coast, New Jersey Gov. Chris Christie looked ahead to preparations for a nor’easter that was due to dump snow and rain on the already reeling Northeast.
Disasters and missteps are just some of the highlights in this early look at our Year in Review print issue out next week.
Ohio credit union expects early December decision over CAMEL retaliation appeal after Wednesday hearing.
Commodore Perry FCU President Thomas Renz said last week the reason the $32 million credit union filed an exam appeal–an accusation an NCUA examiner retaliated against the credit union in the form of a riskier CAMEL score–has been lost in the appeals process.
Leaders of small Ohio credit union will be accompanied to Washington by league officials but they'll go into NCUA hearing alone.
Executive director says appeal could overturn findings and still not warrant improved CAMEL score in alleged sexual harassment case against examiner.
Credit union attorney agrees, says issue now is if regional director erred in nixing original appeal after NCUA backed examiner accused of sexual harrassment.
Ohio credit considering next move in appeal of case alleging harassment, bullying by NCUA examiner.
At the Credit Union Enterprise Risk Management conference earlier this month, a senior official at the NCUA declared that the agency is taking a more qualitative approach rather than quantitative in its examinations. Tim Segerson, deputy director of the Office of Examination and Insurance, acknowledged that credit unions that don’t...