What Happened at the NCUA Board Meeting May 26, 2022
Download MP3The NCUA Board met today May 26th and had only one agenda item: the Share Insurance Fund Briefing. However the board dropped some interesting tidbits in like:guidance for examiners on how to handle the interest rate risk spike is coming soon.Hood wants to see a FINTECH rule sooner than laterCAMEL ratings have nowhere to go but downNCUSIF in good shapeNCUA Investment ladder extending to ten yearsMost Losses coming from fraudand more!
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The NCUA Board met today May 26th and had only one agenda item: the Share Insurance Fund Briefing. However the board dropped some interesting tidbits in like:
guidance for examiners on how to handle the interest rate risk spike is coming soon.
Hood wants to see a FINTECH rule sooner than later
CAMEL ratings have nowhere to go but down
NCUSIF in good shape
NCUA Investment ladder extending to ten years
Most Losses coming from fraud
and more!
