An examiner assigned to the $32 million Commodore Perry FCU did not harass employees or retaliate against the Oak Harbor, Ohio-based credit union, the NCUA said Oct. 9.
Commodore Perry Federal Credit Union of Oak Harbor, Ohio, is awaiting a ruling from the NCUA’s Supervisory Review Committee regarding an exam appeal that alleges that an NCUA examiner harassed employees and retaliated against the credit union after it complained.
It may as well have been called the "Larry Fazio Show" on the NCUA Virtual Town Hall online broadcast Thursday.
The $32 million Commodore Perry FCU appeals exam findings after supervisors back agency staffer but offers to send different examiner next year.
NAFCU last week released a letter that President/CEO Fred Becker sent to NCUA Board members, supporting recommendations the agency’s Office of Inspector General made in an Aug. 31 report to improve the examination and complaint processes for small credit unions.
AgencyOIG audited the process for approving decisions after the FHFA delegated most of its conservatorship authority back to the enterprises in November 2008.
Trade group also asks agency again to make its supervisory policy manual public.
The NCUA’s proposed rule that would allow it to declare state-chartered federally insured credit unions in “troubled condition” is the latest move by the federal regulator that has some state- chartered credit unions and their regulators crying foul.
Proposed NCUA "troubled condition" rule has some state-chartered credit unions, their regulators crying foul. Get the story early in this week's print preview.
Inspector General critical of NCUA confidentiality.