(Editor's note: This column and the accompanying column by Bill Brooks present differing views on whether the NCUA should disclose CAMEL scores.)
I am surprised that the NCUA does not support releasing exam findings. That position completely contradicts the unique, member-owned nature of credit unions. The NCUA's position negates one of the key controls built into the credit union's organization structure.
Member-owners have a duty to elect the Board of Directors. The members have to have some basis for evaluating the board's performance and on the basis of that performance hold the board accountable.
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