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Disclosure of CAMEL Rating Leads To NCUA Break With Regulator - Credit Union Journal Daily Briefing Article

NCUA says it will begin independent insurance reviews for all federally-insured, state-chartered credit unions in North Carolina as the result of the ongoing release of its CAMEL rating by State Employees Credit Union in Raleigh.

Moreover, NCUA said it will no longer be able to work in concert with the North Carolina Credit Union Division and will no longer be conducting joint exams, nor will it be providing or paying for North Carolina examiners' computer equipment, software and training." **** Disclosure of CAMEL Rating Leads To NCUA Break With Regulator - Credit Union Journal Daily Briefing Article: "

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