Tarheel State credit union CEOs planning 366-mile jaunt up the seaboard as part of East Coast charity bike run by Vermont cooperative.
League survey finds nearly a third ready to change to federal charter if state, federal regulators don't end dispute, dual examinations.
Now in its sixth month, the CAMEL rating stalemate in North Carolina between the NCUA and the North Carolina Credit Union Division morphed into new territory last week with Jim Blaine, the president/CEO of State Employees’ Credit Union, again attacking the NCUA’s credibility.
The CAMEL rating standoff between NCUA and the North Carolina Credit Union Division showed no signs of change Tuesday.
The standoff between the NCUA and the North Carolina Credit Union Division continued Tuesday with each side staking positions and stating differences.
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.
Judy Tharp at Piedmont Advantage CU says let the release authority expire in June and the issue can go away.
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."
State league calls for state, federal regulators to meet and resolve issue.