WASHINGTON – Both CUNA and NAFCU are delaying the taking of a stance on a decision by NCUA that would do away with the longtime measure of a credit union’s performance, the CAMEL ratings. Instead, both groups said they are polling their affiliates before they will take a position on whether they believe CAMEL matrix should be dismantled, and whether a replacement system on measuring performance also should be enacted. NCUA Chairman JoAnn Johnson has been talking about taking on the CAMEL Matrix for most of the year.
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