Tuesday, November 24, 2015

NCUA Budget Analysis...


"We Know Everything"®
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.

Jim Blaine said...

Now if you're going to quote Congressman Mulvaney, at least quote him correctly, that's: "self-serving crazy talk"!

Jim Blaine said...

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?

Anonymous said...

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.