NCUA Chairman Debbie Matz has granted the $32 million Commodore Perry Federal Credit Union a 60-day extension on its Supervisory Review Committee appeal, according to President Tom Renz.
NCUA Public Affairs Specialist John Fairbanks confirmed the extension, and said the new deadline is now March 18 for the Oak Harbor, Ohio, credit union.
Commodore Perry appealed the results of its 2012 exam after it claimed examiner Roger A. Clark harassed employees and that Clark then retaliated by giving the credit union a riskier CAMEL score after management complained.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.