If nothing’s wrong, there should be nothing to hide, CEO Jim Blaine said of his credit union’s decision to publicize its CAMEL score.
The CEO at the nation’s second-largest credit union said his institution doesn’t need to hide its CAMEL score, perhaps others shouldn’t either.
The nation’s second-largest credit union said it is publicly disclosing its CAMEL score as a show of transparency to its 1.7 million members.
Sarah Snell Cooke’s column, “Parsing the Possible Harm Awaiting NCUSIF” (Aug. 17 issue) presents some unfounded extrapolations about potential losses to the NCUSIF. The column simply took the assets of all CAMEL 4 and 5 credit unions, assumed they would all fail and applied the average loss ratio of 17%...
In what it said is an effort to increase transparency, the NCUA announced that it will begin sharing CAMEL ratings with federally insured state-chartered credit unions.
In what it says is an effort to increase transparency, the NCUA said it will begin sharing CAMEL ratings with federally insured state-charted credit unions.
ALEXANDRIA, Va. — Fewer credit union shares are in troubled credit unions, the NCUA reported Thursday.
ALEXANDRIA, Va. — The percentage of insured shares in credit unions rated CAMEL 3 or above declined slightly last month, the NCUA reported Friday.
ALEXANDRIA, Va. — While CAMEL 4 and 5 CUs increased, the percentage of total shares declined, the agency's CFO said Thursday.