The NCUA board will conduct a briefing on adding S (for sensitivity risk) to its CAMEL rating system at its June 16 board meeting.
The meeting agenda also includes an interim final rule on statutory inflation of civil money penalties and a proposed rule on technical amendments to the Community Development Revolving Loan Fund rule.
The CAMEL rating system currently covers on a scale of 1 (sound in nearly every respect) to 5 (most unsafe and unsound):
According to the NCUA, CAMEL is designed to take into account and reflect all significant, financial, operational and management factors assessed by examiners in their evaluation of a credit union’s performance and risk profile.
The meeting is scheduled to begin at 10 a.m. (ET) June 16, and a link to a live video stream will be available shortly before the meeting start time at NCUA.gov.