NCUA Board Approves Corporate CAMEL Amendments: On-Site at NCUA
ALEXANDRIA, Va.—The NCUA board approved a rule Thursday during its December monthly meeting that makes technical amendments to the NCUA’s regulations on rating systems for corporate credit unions.
Also at NCUA on Thursday:
Final Charitable Account Rule Approved
Home-Based CU Rule Approved
The amendments update the regulations to reflect a rule finalized in September that replaced the Corporate Risk Information System with the CAMEL rating system, according to the NCUA board action memorandum.