A subjective examination process needs an objective appeals process, said Thomas Renz, president and chief development officer of the $32 million Commodore Perry FCU in Oak Harbor, Ohio.
That's why the credit union has elevated its exam appeal to the NCUA's Supervisory Review Committeeafter it was denied by Regional Director Herb Yolles in August.
Renz and CEO Mike Barr said Commodore Perry was the victim of retaliation at the hands of their examiner during the credit union's regularly scheduled exam earlier this ye
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