Employee Loans

Hello.. At my CU for confidentiality reasons employee loans are referred to the Consumer Lending Manager, Real Estate lending manager, Credit Supervisor/SR Underwriter, SVP Lending, or President/CEO for underwriting. The request must be approved by 3 of the above team members. The policy a few years ago only required the approval of the Underwriter and signature of the CEO. I have a problem with this many people having access to an employees sensitive information relating to their pay and credit histories. How are employee loans approved/handled at your credit unions?

Tannia