The head of Georgia Credit Union Affiliates weighed in on the growing national concern over examiner shortages citing frustrations over mandated cutbacks and funding inequities.

Looking at regulation in his own state, Michael Mercer, president/CEO maintained the Georgia Department of Banking and Finance "has done everything in its power to avoid taking examiners out of the field while the state tries to balance its budget" and yet examiner reductions have occurred.

And on that "the frustrating thing is DBF collects substantially more in the way of fees from financial institutions than it gets to spend for examination and supervision staff," said Mercer asked by Credit Union Times to comment on revelations that DBF is leaving vacant six examiner jobs, the result of Gov. Sonny Perdue's order to cut payroll in state agencies.