RALEIGH, N.C. – The North Carolina CU Division said Jerrie Jay, who has headed the state regulatory agency for 18 years and was the focus of a 2010 fight with NCUA over public disclosures of CAMEL codes, is retiring at the end of the year.

Jay, 65, who has served as chairman of the National Association of State CU Supervisors, was criticized by NCUA in 2010 after she allowed State Employees’ CU to make public its state CAMEL code as a test, despite NCUA’s assertion that the public disclosure of the state rating violated its own policies.

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.