Monday, August 7, 2017

Georgia CU Regulator to Add S to CAMEL Rating

The Georgia Department of Banking and Finance (Department) announced that beginning January 1, 2018 the Sensitivity to Market Risk, or S component will become a separate and distinct regulatory examination component, rather than a factor in the Liquidity component.

In making the announcement, the Department noted that regulatory agencies in 17 states already have added the S component to the credit union CAMEL rating system.

Adoption of S will provide greater clarity in identifying interest rate risk and allow the Department to better allocate specialized resources to address interest rate risk outliers.

The Department believes the implementation of a distinct S rating is prudent at this time.

Read the Department Bulletin.
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