HOUSTON — Right now, Camel ratings are probably not the most pressing worry for credit unions compared to the impact the troubled economy has had on the industry, Alonzo Swann, NCUA Region III director, told attendees at the African American Credit Union Coalition’s annual meeting this morning.

Swann said changes to the rating system will be minimal but even so, NCUA has been prepping for the adjustments for some time. For Region III states, additional supervision visits are coming in light of damages to the financials of some of the larger credit unions, particularly in Florida. Some credit unions that previously saw examiners once every 18 months are now visited every three months.

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