LAKE BUENA VISTA, Fla. — Talk to the executives of three different CUSOs and you'll get three widely different takes on their experiences with examiners.
Sitting on a NACUSO conference panel Tuesday titled "CUSO Exams, The Good, The Bad, and the Ugly," were Mark Bostock, CEO of Centennial Lending LLC, a mortgage and commercial lending CUSO in Longmont, Colo., Kirk Drake, president/CEO of business continuity and technology CUSO Ongoing Operations in Hagerstown, Md., and Bob Child, chief of staff of CU Direct, a lending services CUSO in Ontario, Calif.
Centennial Lending's last exam was about a year and a half ago, Bostock said. He got the call in June alerting the CUSO that examiners were coming in August, he recalled.
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