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Georgia CUs Frustrated Over Examiner Cutbacks

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.

By Jim Rubenstein | Updated on May 25, 2010

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.

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