ALEXANDRIA, Va. — The percentage of insured shares in credit unions rated CAMEL 3 or above declined slightly last month, the NCUA reported Friday.

In May, 4.75% of insured shares were in credit unions with CAMEL 4 and 5, compared with 4.88% in April.

NCUA CFO Mary Ann Woodson reported to the agency's board that there were 377 CAMEL 4 and 5 credit unions in May, compared with 374 in April.

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