State league calls for state, federal regulators to meet and resolve issue.
Consultant Bill Brooks says there are other ways to be transparent.
Small credit union CEO says she was surprised by two-week visit and was told NCUSIF would pick up the tab.
State agency says NCUA sending examiners from across the country to examine Tarheel State credit unions.
Approximately 45% of federally insured credit unions would have to develop interest rate risk management policies that include extensive use of risk measurement systems and internal controls, according to a rule approved by the NCUA Board at its Jan. 26 meeting.
League said it plans to have a special meeting next week to discuss how to “protect our credit unions” after NCUA decision to require dual exams following CAMEL score disclosure.
Amid the sun, sand and waves on the Wailea Beach of Maui, something evil lurked last week at The Paragon Group’s Volunteer Leadership Conference. It wasn’t far below the serene and relaxed surface and without much effort it managed to swallow the ballroom whole. That beast was palpable in the...
CAMELs aren’t usually a source of controversy in a place known for basketball and tobacco. At issue is the NCUA’s fight with state regulators over the release of the CAMEL rating of State Employees Credit Union.
The NCUSIF’s equity ratio remained at 1.31% for the third consecutive month in September, according to a report to the NCUA board by the agency’s chief financial officer Mary Ann Woodson at its Oct. 27 meeting.
Agency reports at monthly meeting that percentage of shares in problem CUs continues to drop.