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| How NCUA examiners determine "Best Practices" ?? |
"No one wants to learn compliance the hard way - that is, no one wants to have their examiner tell them what they were supposed to have done."
"We all want to know the rules and criteria for an exam,
before it takes place, not after."
- Mr. Kell Kelly, Chairman
American Bankers' Association
3 comments:
Not only must you know the the rules you must play by them. Unfortunately NCUA fails in both respects. Not only do they fail to get the message of what the rules to their examiners at their many meetings and training sessions but they also fail to get their examiners to use and apply these rules in the field. Wouldn't you think that they would at least be able to do that? And wouldn't it be nice if the board members addressed this issue at an open meeting to let credit unions know what they are doing to correct this? And isn't about time our credit union CEO's got a pair and openly spoke upon about this problem that permeates across all regions?
What am I smoking?
As an aside, changing the name of something does not make it better. Does anyone think the Edsel would have sold more had it had been called Lamborghini?
Name change from "USS Titanic" to "America's Titanic".
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