§796.2. Who is considered a senior examiner of the NCUA?

12 C.F.R. § 796.2

For purposes of this part, an NCUA employee is considered to be the “senior examiner” for a federally insured credit union if the employee—

(a)

Has been authorized by NCUA to conduct examinations or inspections of federally insured credit unions on behalf of NCUA;

(b)

Has continuing, broad, and lead responsibility for examining or inspecting that federally insured credit union;

(c)

Routinely interacts with officers or employees of that federally insured credit union; and

(d)

Devotes a substantial portion of his or her time to supervising or examining that federally insured credit union.

Notes, amendments, and revision history

Authority: 12 U.S.C. 1786(w).

Source: 70 FR 72703, Dec. 7, 2005, unless otherwise noted.