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Letter: Examiners Could Use On-the-Job Training

As I was perusing the Editors Column in the May 16 edition, one of the suggestions caught my attention.

By James D. Holt | Updated on May 29, 2012

As I was perusing the Editor’s Column in the May 16 edition, one of the suggestions caught my attention. 

Sarah Snell Cooke suggested that maybe the best education a new examiner could get was to have a credit union show them how we work. May I suggest an alternative that might work much better? Have the NCUA get some credit unions in that examiners’ region that are well run to train them for about 30 days in the various aspects of the credit union business. These would be strong, well run CUs with a history of excellent exams and service to members. Credit union in the $50 million to $250 million range would be a great place to start. They could be state charters, so there would be less chance for some kind of improper relationship to form.

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