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Monday, February 1, 2010 - 9:22 AM
Problem credit unions continue to be an NCUA focus [CUNA]
CUNA News Now reports on concerns about the health of the country's credit unions:
National Credit Union Administration (NCUA) Chairman Debbie Matz Friday expressed concern at the agency's open board meeting about the high number of CAMEL 3, 4, and 5 credit unions and the percentage of insured shares which they represent.I mentioned last Friday the NCUA's board meeting memo which had some interesting stats on the number of problem credit unions.
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