The list is long on 2012 news and actions emanating from the NCUA: CUSO loan participations rules, an easier op-in process for low income credit union designation, a 6.1% increase in the agency's budget for the next fiscal year and the October departure of Gigi Hyland.
Add to that the arguments over the competence of state examiners in the wake of the Telesis Community Credit Union collapse.
However, the news from the NCUA was overshadowed this year by the continuing contretemps over examiners and examinations. As the rancor continued to fester over the dual exams order last year by the NCUA of all North Carolina state-chartered credit unions, another more startling controversy arose over an examiner's behavior.
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