Compliance News
Compliance Center: NCUA Outlines Plans for Adding ‘S’ to Credit Union CAMEL Ratings
The addition would represent ‘sensitivity to market risk,’ and will require changes to NCUA systems.
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Regulatory Advocacy Update
The NWCUA generates and monitors regulatory movement and change at the state and federal levels. The weekly Regulatory Advocacy Update keeps you informed about new developments, how the Association is working for its members and how you can get involved.
NCUA to Disclose CAMEL Ratings to FISCUs
In the interest of greater transparency, CAMEL ratings will be disclosed to federally-insured state credit unions when the NCUA examiners perform insurance reviews.
NCUA Removes Two Controversial Provisions from Corporate CU Rule
The board meeting on April 21 resulted in changes to Corporate Credit Union rule, Corporate CUSO powers, and Supervisory Committee and Appeals rights. It also provided an update on the health of the NCUSIF.