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Federation Worried About Disparate Treatment From New Examiners

The National Federation of Community Development Credit Unions worries that new NCUA examiners may not be trained in the issues particular to the CUs many will be sent to examine.

By David Morrison | Updated on December 20, 2010

The National Federation of Community Development Credit Unions worries that new NCUA examiners may not be trained in the issues particular to the CUs many will be sent to examine.

“In a number of meetings over the last ten years, agency staff has confirmed that new or less experienced examiners are often assigned to small and low-income credit unions, presumably because these are less complex institutions that represent a smaller degree of material risk to the NCUSIF,” National Federation CEO Cliff Rosenthal wrote in a recent letter to NCUA.

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