X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The availability of an appeal of an NCUA examination to an administrative law judge and then to the FFIEC’s ombudsman may not be the panacea that credit unions seem to assume.

Section 3 of HR 3461 provides that the ombudsman would determine the “merits of the appeal on the record, after an opportunity for a hearing before an independent administrative law judge,” and that the evidentiary hearing before the administrative law judge would be conducted under the procedures set forth in  the Administrative Procedures Act, including the burden of proof and the receipt of testimony and exhibits.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Tonya Knudesn

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.