He credited Yolles for “keeping the lines of communication open” and said the regional director has been open to listening to the credit union's position and has likewise explained the NCUA's point of view.

Renz also applauded Matz's involvement and willingness to grant the extension.

Yolles upheld the exam results in August, prompting the credit union to elevate the appeal to the SRC, which heard the credit union's appeal Nov. 7. The SRC rejected Commodore Perry's appeal Dec. 19.

Should the two parties still disagree after the 60-day extension, the only remaining step for Commodore Perry would be to appeal the SRC's decision to the NCUA Board. Renz would not say if he will consider that action should he be dissatisfied with the results of the extension.

{ The story line:

• Dec. 19, 2012 NCUA Rejects Commodore Perry Appeal
• Nov. 9, 2012 Commodore Perry Appeal Decision Due in 30 Days
• Nov. 2, 2012 NCUA OIG Denies Request for Report
• Oct. 26, 2012 Commodore Perry Appeal Set for Nov. 7
• Oct. 25, 2012 CPFCU Prez, Attorney Say Appeals Process Dodges Real Issue
• Oct. 25, 2012 Appeals Panel Can Toss Commodore Perry Exam Findings
• Oct. 24, 2012 Ohio CU Left Wondering How to Prep for Appeal
• Oct. 11, 2012 NCUA Stands by Examiner in Harassment Appeal
• Oct. 9, 2012 NCUA Buys Time in Commodore Perry Appeal
• Oct. 4, 2012 Commodore Perry FCU Says Documentation Proves Claims
• Oct. 3, 2012 Ohio CU Says NCUA Examiner Harassed, Retaliated }