Showing posts with label trapping. Show all posts
Showing posts with label trapping. Show all posts

Wednesday, December 13, 2023

Saving CUPS Part 1: Trapping the Moles

In a matter of two months, I left Telco Credit Union to open up a consulting business, and then closed the consulting business because Credit Union of Puget Sound (CUPS) was using me full time. I was settled into my new position as Administrative Assistant to Bert Noel when he called me into his office. 

He put a memo from the state examiners in front of me and asked me if I had ever heard of a minor infraction cited in detail. It was some really minor error in the way the credit union accounted for something. I had not ever seen such a write up before, but I also had to admit that I wasn't an accountant. I asked him what Chet or Kenny had said about it. He hadn't talked to them. He had just received the memo from the state examiner who was posted in the accounting department since the credit union had been put on the watch list for an investment and accounting problem.