Examination Fairness

Concerns regarding bank and credit union examinations increase during difficult economic times. Credit unions support strong but fair and appropriate safety and soundness regulation and supervision to protect the financial resources of credit unions and their members and to minimize costs to the National Credit Union Share Insurance Fund (NCUSIF) borne by all federally insured credit unions. These exams should be based on the laws Congress enacts and the regulations that NCUA promulgates, and the appeals process should protect credit unions from examiner retaliation.

CUNA Testimony

Testimony of Maria J. Martinez, President & CEO Border Federal Credit Union – 3/14/12
House Subcommittee on Financial Institutions & Consumer Credit

Testimony of Ken Watt, President and CEO, West Virginia Credit Union League – 2/1/12
House Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit

Additional Information Regarding H.R. 1553
Link to legislative language and list of co-sponsors for H.R. 1553.

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