197 Problem CUs at the End of Q1 2018 "Credit News 24" | Credit News 24

197 Problem CUs at the End of Q1 2018 "Credit News 24"

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197 Problem CUs at the End of Q1 2018 "Credit News 24"

The number of problem credit unions edged higher during the first quarter of 2018, according to the National Credit Union Administration (NCUA).

At the end of the first quarter, there were 197 problem credit unions -- an increase of 1 credit union from the prior quarter. A year earlier there were 218 problem credit unions.

A problem credit union has a composite CAMEL rating of 4 or 5.

At the end of the first quarter, 0.83 percent of total insured shares were in problem credit unions -- unchanged from the prior quarter.


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