WASHINGTON-Credit union representatives wasted no time here lining up to ask questions of-and criticize-NCUA and its examiners, with one person saying his most recent exam was practically an "interrogation."

A line of nine directors and CU execs formed quickly during a 15-minute Q&A to close a session of CUNA's GAC last week that was fittingly titled "Hot Examination Issues In 2012." Attendees confronted NCUA on issues that centered on examiner inconsistency, lack of clarity and arbitrary actions.

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.