SECU chief says regional director made false accusations, misrepresented North Carolina administrator.
The standoff between the NCUA and the North Carolina Credit Union Division continued Tuesday with each side staking positions and stating differences.
As the credit union community watches the evolving situation in North Carolina, no matter which side of the issue you’re on, you’re witnessing organizations that know how to grab attention.
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."
Self-Help CU CEO Martin Eakes calls for NCUA Chairman Debbie Matz to come to North Carolina to settle the dispute.
One CEO: "A tempest in a teapot and we're the teabag." Another calls examiner visits a "blitzkrieg."
I was very happy to see both Chip Filson and Jim Blaine support the release of CAMEL ratings (CU Times, Jan. 25, page 1).
State agency says NCUA sending examiners from across the country to examine Tarheel State credit unions.