Compliance: CAMELS Rating System Changes Effective April 1

The National Credit Union Administration’s (NCUA) rating system change to CAMELS (Capital adequacy, Asset quality, Management, Earnings, Liquidity, and Sensitivity) will be effective on April 1, 2022. Credit unions with examinations beginning on or after April 1 will fall under the new system.

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Written by
Lizeth George
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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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