If Jim Blaine were able to score the NCUA examinations appealsprocess using the CAMEL rating system, with one being “sound inevery respect,” and five being “extremely unsafe and unsoundpractices and conditions,” he would opt out of the equationentirely.
“I would give them a zero because, in effect, there is noappeals process,” Blaine, president/CEO of the $29 billion State Employees' Credit Union in Raleigh, N.C., said. “Intheory, there is a structure, but in practice, there isn't aprocess.”
Over the years, Blaine has learned by experience how difficultit was to oppose the NCUA.
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