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WASHINGTON — NCUA staff were on hand to discuss many of the hot button regulatory issues of the day at CUNA’s Governmental Affairs Conference.

Talk of revamping or eliminating the examination matrix has received mixed reviews. NCUA Director of Supervision Joy Lee said during an education session, “There are a lot of things that make the CAMEL matrix not work anymore. Credit unions complain about it. Examiners complain about it.” In particular, the 1% ROA benchmark does not fit today’s economy or credit unions.

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