Credit union managers in North Carolina expressed frustration Wednesday with the ongoing CAMEL disclosure dispute that has NCUA examiners subjecting them to dual exams.

"This is all a tempest in a teapot and we're the teabag," groaned Joy Watts, president/CEO of the $78 million Carolina Postal CU of Charlotte. 

Another credit union manager called the NCUA move "a blitzkrieg" that resulted from a conflict that "should have been resolved by reasonable adults."

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