ARLINGTON, Va. – The Credit Union Division of the California Department of Financial Institutions, the regulatory authority of the California agency responsible for the examination and supervision of the state's 216 state-chartered credit unions, has earned a five-year re-accreditation by NASCUS. To earn NASCUS accreditation, an agency must meet or exceed performance standards in each of six areas: department administration and finance; personnel; training; examination; and supervision and legislative powers. The agency's qualifications and review team findings are audited by an Accreditation Audit Working Group and the NASCUS Performance Standards Committee, which in turn makes the final recommendation for approval to the NASCUS Board. NASCUS accredited states supervise nearly 80% of all SCCUs' assets. Twenty-seven state credit union regulatory agencies are accredited by NASCUS.