Comments Due to NAFCU: NCUA - CAMELS Rating System

Important Regulatory Dates Add to Calendar 2021-04-23 17:00:00 2021-04-23 17:00:00 Comments Due to NAFCU: NCUA - CAMELS Rating System NAFCU would like to highlight the following: The NCUA believes that the change will enhance transparency and allow it  to better monitor liquidity risk and sensitivity to market risk for both individual credit unions and across the industry as a whole. The proposed rule will establish a CAMELS rating system in line with that used by the other financial regulators. The proposed rule’s regulatory amendments are largely technical changes to replace the word “CAMEL” with “CAMELS.” Comments due to NAFCU: April 23, 2021 Comments due to NCUA: May 10, 2021 Comment now   NAFCU will send comments on behalf of its members to the NCUA by their deadline (April 23, 2021). Location NAFCU digital@nafcu.org America/New_York public

NAFCU would like to highlight the following:

  • The NCUA believes that the change will enhance transparency and allow it  to better monitor liquidity risk and sensitivity to market risk for both individual credit unions and across the industry as a whole.
  • The proposed rule will establish a CAMELS rating system in line with that used by the other financial regulators.
  • The proposed rule’s regulatory amendments are largely technical changes to replace the word “CAMEL” with “CAMELS.”

Comments due to NAFCU: April 23, 2021

Comments due to NCUA: May 10, 2021

Comment now  

NAFCU will send comments on behalf of its members to the NCUA by their deadline (April 23, 2021).