The NCUA has told Commodore Perry FCU that because it requested further explanation regarding its denied exam appeal from its regional office, elevating the appeal to the Supervisory Review Committee was premature, the Ohio credit union said.
The $32 million credit union has appealed the results of its latest examination, saying the NCUA examiner harassed and bullied its staff and then retaliated by filing a negative report.
"We are not exactly certain why a request for clarification would delay that, but we hope to get this done as expeditiously as possible," said Thomas Renz, the Oak Harbor, Ohio, credit union's president and chief development officer
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