We are requesting more money and some additional examiner positions to help manage the shrinking number of credit unions.....
...and to assure, that favorable trend continues.
... and of course to enforce "reg relief"!
4 comments:
Anonymous
said...
Jim, you fail to listen what the Imperial Queen is saying. "Credit unions may be getting smaller but they are getting bigger". What is it that you don't get? Seems perfectly clear when you speak in crazy talk.
It will be one full time FTE, 3 part time FTE, one FTE in training and 6 specialists. One each to review member business lending, interest rate risk, FOM compliance, SAR compliance, director training compliance and compliance manual compliance.
4 comments:
Jim, you fail to listen what the Imperial Queen is saying. "Credit unions may be getting smaller but they are getting bigger". What is it that you don't get? Seems perfectly clear when you speak in crazy talk.
Now if you're going to quote Congressman Mulvaney, at least quote him correctly, that's: "self-serving crazy talk"!
And BTW, has anyone seen the new asset-based formula for exams?
Is it really going to be one full-time examiner (FTE) per $10 million of assets at your credit union?
Or will it be "zero-base budgeted" every two years?
It will be one full time FTE, 3 part time FTE, one FTE in training and 6 specialists. One each to review member business lending, interest rate risk, FOM compliance, SAR compliance, director training compliance and compliance manual compliance.
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