Feb 8
I have followed the NCUA/NC CAMEL disclosure discussions with great interest. It has turned into quite a kerfuffle – which means a commotion or a fuss. Not really the phrasing I wanted to use, but I don’t want us to lose the “G” rating given to our blog commentary. In any case, here is what I think…all credit unions should be required to release their CAMEL ratings. Here’s why…
One of my first jobs in the credit union community was as a teller at a credit union in Maryland (part time – they didn’t trust me enough to be around money full time). Once employed, I of course became a member of the credit union. My experience as a member, however, was nothing like the experience of other members. Read more
A recent credit union league press release trumpeted membership growth at credit unions in a particular state. Here is a specific quote from that release: Membership at the state’s 101 credit unions has increased 3.4%, five times the national average of 0.65%. Read more
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