“It seems weak. If they can't work for a corporate, why let them work for a credit union?” Bruen said. “Maybe I would have done the same thing if I were the NCUA, but it just seems odd that you could go be an executive for a big credit union, but you can't be involved with a corporate. Why even bother? They were just making a statement, I guess.”

Stuart Perlitsh, president/CEO of the $325 million Glendale Area Schools Federal Credit Union, who was the original plaintiff in a lawsuit against former WesCorp executives and directors, said he doesn't think the order provides enough accountability for corporate losses.

“They made huge, incompetent investment decisions, and now they have the license to do the same at credit unions as large as Navy, Pentagon, SchoolsFirst, Golden 1, and other billion-dollar credit unions,” Perlitsh said. “It just doesn't compute.”

Perlitsh said he's spoken with a colleague at a billion-dollar credit union who received a call from Burrell, pitching ALM consulting.

“He politely declined the invitation,” he said.

California and Nevada Credit Union League President/CEO Diana Dykstra said she hasn't received feedback from members on the issue, although she acknowledged some league members, who were former WesCorp members, are still angry about the losses.

“Maybe some are still angry and want to hang all of those involved, but for the most part, I think people have moved on,” she said.