America’s Credit Unions Urges NCUA To Modernize Supervisory Appeals Process
By CU Today Staff —
WASHINGTON--With the Office of the Comptroller of the Currency proposing reforms, the NCUA should undertake a rulemaking to align more closely and modernize its appeals process for supervisory decisions to allow for a more transparent, independent, and accessible process, America’s Credit Unions asserted.
In a letter to the NCUA, America’s Credit Unions Head of Regulatory Advocacy James Akin outlined recommended changes to Part 746 of the agency’s regulations to achieve this change.
The letter outlines five key amendments to the NCUA’s framework. These include:
Originally reported by CU Today.