What Happened at the NCUA Board Meeting May 26, 2022

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The NCUA Board met today May 26th and had only one agenda item: the Share Insurance Fund Briefing. However the board dropped some interesting tidbits in like:

guidance for examiners on how to handle the interest rate risk spike is coming soon.

Hood wants to see a FINTECH rule sooner than later

CAMEL ratings have nowhere to go but down

NCUSIF in good shape

NCUA Investment ladder extending to ten years

Most Losses coming from fraud

and more!