WEST PALM BEACH, Fla.-Credit union executives are expressing everything from outrage to fear of examiner reprisals should they express that outrage in the wake of NCUA's announced budget hike.

The agency said it is increasing its budget by more than $22-million in 2011 in order to hire new examiners, raise salaries from 5% to 8%, and to create the new Office of Minority & Women Inclusion-at a time when many credit unions are having to cut staff and freeze pay in order to pay for assessments charged by NCUA.

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