Credit Union Exam Solutions Incorporated

For the first time in three decades, the rating system that shapes nearly every supervisory conversation in the credit union world is being rewritten. The CAMELS framework — Capital adequacy, Asset quality, Management, Earnings, Liquidity, and Sensitivity to market risk — last saw a comprehensive overhaul in 1996. The current proposal, moving through the Federal Financial Instit...

A call I wish I’d been wrong about On May 6th, NCUA conserved Jackson Area Federal Credit Union, a 1953-chartered, self-designated Minority Depository Institution serving Jackson and Hinds County, Mississippi. Within days I recorded an episode saying I thought there was a serious problem — possibly a large insurance-fund loss, possibly embezzlement. I wasn’t guessing blindly. I ...