America’s Credit Unions Argues for Updated CAMELS System
America’s Credit Unions submitted a letter to the Federal Financial Institutions Examination Council (FFIEC) yesterday in response to their proposed changes to the CAMELS ranking system, reports Emily Claus.
Large Bills Coming Due for Credit Unions
Chip Filson analyzes how the restructuring of the NCUA leading to fewer examinations and less regulation may have played a role in the eight liquidations the credit union movement has seen in the last year, including the newly opened African Diaspora FCU.
NCUA Shares Its Supervisory Priorities for 2026
The National Credit Union Administration has published its supervisory priorities for 2026. CUSO Magazine’s Esteban Camargo reports on the areas NCUA examiners will review in the year ahead, and where credit unions should focus its efforts to that effect.
NCUA Turns to Exit Stage Right in Examinations
Chip Filson reacts to the NCUA’s change in examination rules and the potential fallout that may arise as a result of less oversight and supervision from the organization may have on the movement.
Reputational Risk Officially Removed from NCUA Exams
In response to the Guaranteeing Fair Banking for All Americans Executive Order, the NCUA has confirmed that as of September 25th, reputational risk will no longer be considered in examinations, Emily Claus reports.
America’s Credit Unions Calls on NCUA to Reduce Operational Expenses Related to Travel
America’s Credit Unions is calling on the NCUA to keep a tighter rein on its travel expenses, one step in ensuring the NCUA is a “prudent steward of credit unions’ funds”. CUSO Magazine’s Esteban Camargo reports.
NCUA’s Alternating Examination Pilot Program May Lead to Decision Soon
Speaking with NASCUS recently, NCUA Chairman Todd Harper said the agency is taking its insights and lessons learned from the Alternating Examination Pilot Program to determine whether the project is worth formally adopting, reports Esteban Camargo.
Rating Examiners for a Stronger Cooperative System
While private businesses have incorporated user reviews to improve satisfaction, but few such examples exist between governor and governed. Chip Filson argues why credit unions needs a way to review examiners to improve the system.
NCUA Doubles Down on Budget Needs Citing Fraud
Citing an increase of fraud found during onsite examinations, NCUA Chair Todd Harper continues to argue for the need of in person audits and the budget to go with them.
Coming to a Credit Union Near You: NCUA Examiners
Tuesday, September 20, Chairman Todd Harper published a letter to federally insured credit unions announcing that the organization would be entering Phase 3 of its onsite operations plan, originally announced back in June 2020 in the midst of the global pandemic, reports Esteban Camargo.
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