The thorny and bitter North Carolina dispute over NCUA dualexaminations at state-chartered credit unions will get a new airingnext month as part of a Hike the Hill visit by the North and SouthCarolina credit union leagues.

Meanwhile, North Carolina's top credit union regulator, JerrieJay, said she still hopes for a Raleigh meeting with top NCUAattorneys to resolve the dispute, which began after the state gavepermission to State Employees' Credit Union to publicly release itsCAMEL rating.

“I have no report from OIG (the NCUA Office of InspectorGeneral) and NCUA continues to refuse to come to discuss,” saidJay, the state's credit union administrator who for months has beenthe target of sharp NCUA criticism for her role in allowing the CAMELdisclosure.

Jay was referring to a probe of the CAMEL flap reportedly underway by William DeSarno, head of the NCUA OIG who has declinedinvitations to come to the North Carolina capital to meet with Jayand hopefully resolve their differences.

In the meantime, SECU President Jim Blaine has since repeatedlyapologized for causing North Carolina credit unions financial andoperational distress since dual exams began in January andconcluded in February.

However, Blaine also stands by his decision to make thedisclosure, which he said was in the name of transparency, andaccusedthe NCUA of undertaking “malicious, retaliatory actions” against Jay and the 52 state charteredcredit unions in North Carolina because of SECU actions.

NCUA has denied the charges and said it was followingestablished policies.

“Misfeasance, malfeasance and egregious retaliation by the NCUAagainst North Carolina state-chartered credit unions could not bemore clear nor more inexcusable,” Blaine wrote in an April 11letter to Michael Egan, director of investigations for NCUA'sOIG.

Meanwhile, the two Carolinas leagues will soon be in Washington.The South Carolina League said it will be holding its first Hikethe Hill meeting with NCUA since 2007 along with visits to thecapitol. The Palmetto State is sending 22 people to the May 8-9meetings while North Carolina plans to send 15, the leaguessaid.

A spokesman for the North Carolina League, which itself has unsuccessfully tried tomediate the NCUA/Jay/Blaine imbroglio, said, “We plan to talk withNCUA primarily about exam-related issues.”

The meeting at the NCUA “is an opportunity to share our thoughtsand concerns and to hear directly from Chairman Matz and seniorstaff. We've incorporated NCUA meetings into past Hike the Hilltrips and it's been a valuable exchange,” the league spokesmansaid. “Of course, one of the issues we're dealing with is dualexams on state-chartered credit unions and that will be one of theitems we discuss,” the spokesman said.