RALEIGH, N.C.-NCUA's plans to introduce on Jan. 1 a new Office of National Examinations and Supervision (ONES) has at least one of the four $10-billion-plus CUs that fall under ONES' supervision wondering what the regulator's intent is.

NCUA introduced ONES, saying it is seeking to better allocate resources to address areas of greater risk ("NCUA Creates Office To Examine Largest CUs," CU Journal, July 26). The new office will oversee the nation's largest natural-person credit unions-those over $10 billion in assets-and also assume supervision of corporate credit unions. Just four natural-person CUs are larger than $10 billion in assets: Navy FCU, Pentagon FCU, North Carolina State Employees' CU and BECU.

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