McWatters Wants Impartial Exam Appeals Process

NCUA Board Member Mark McWatters says that the low number of exam appeals is because credit unions are concerned about reprisals if they appeal their exams to NCUA headquarters under the current process. McWatters is calling for a new rule to establish an impartial independent tribunal where credit unions could appeal exam reports and where both sides could be represented by counsel. [12/16/15]