ALEXANDRIA, Va. — NCUA CFO Mary Ann Woodson told the board today that as a result of the sluggish economy, 5.58% of all insured shares are in credit unions with CAMEL 4 or 5 ratings and there are 337 credit unions with such ratings.
By contrast, at the end of December 2008 there were 271 credit unions with those ratings.
In addition, there are 1,637 credit unions with CAMEL 3 ratings, compared with 1,540 at the end of last December.
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