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NCUA Releases Diversity & Inclusion Checklist

FFIEC has also released a revised information security booklet. Plus, the latest Legal Briefs and your compliance question of the week.

Quarter of NW Banks Problematic, say Rating Agencies

Bauer Financial and Thomson Reuters Bank Insight found that 16 percent of Oregon and Washington-based banks are considered problematic or troubled.

NCUA Sets Reduced 2013 TCCUSF Budget at Year’s Final Open Board Meeting

At its final open meeting of the year, the NCUA board of directors approved the 2013 TCCUSF oversight budget, approved two credit unions’ requests to convert to community charters and adopted two final rules.

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.

Quarter of NW Banks Problematic, say Rating Agencies

Bauer Financial and Highline Financial found that 26 percent of Washington-based banks and 20 percent of Oregon-based banks are considered problematic or troubled.

NCUA Eliminates Wall Street Ratings As Benchmark For CU Investing

The proposal would replace these ratings with either narrative standards or a credit union’s own internal standard.