Saying that no credit union "should be disadvantaged by the actions of a regulator,'' CUNA President/CEO Bill Cheney today asked NCUA Chairman Debbie Matz to have the agency's staff meet with North Carolina regulators to resolve the dispute over examinations there.
He added in his letter to Matz that "subjecting state-chartered credit unions to dual examinations simply because there is a dispute between the state and federal regulators is not a viable long-term solution.''
NASCUS said it also was working with credit unions on the dispute.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
