Credit union CEOs are more dissatisfied with their exams in 2013compared to the prior year, according to an ongoing CUNAsurvey.

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As of February 2014, 27% were dissatisfied with exams, whichrepresents a 2% increase from 2012 results. Overall, examsatisfaction among credit union CEOs decreased from 61% in 2012 to58% in 2013.

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Results were collected from CUNA and league affiliated creditunions that received an email from CUNA CEO Bill Cheneyin December of 2013 inviting them to complete an online surveyabout their most recent exam.

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The questionnaire was almost identical to one used a yearearlier, which had been sent to all credit unions except those inNCUA Region 2, the report said. By Jan. 15, CUNA had received 1,211responses, representing 18% of all credit unions, according to thereport.

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CUNA found that exams tended to take longer in 2013 (9.1 days)than in 2012 (7.9 days).

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The survey also showed that state-only examinations tend to berated slightly higher than NCUA-only exams. However, joint examswere rated significantly lower than state-only or NCUA-onlyexams.

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CUNA also found that number of credit unions that reported beingunder one or more Documents of Resolution went from 43% in 2012 to41% in 2013.

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In the survey, four out of five respondents said heavierregulatory and examination requirements have put more pressure oncredit union resources.

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CUNA said its examination and supervision subcommittee willexamine the survey results, and the trade organization's regulatoryadvocacy staff will be reporting concerns to the NCUA.

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