100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
NCRM CERTIFICATION EXAM REVIEW QUESTIONS AND ANSWERS, GRA| LATEST UPDATES 2024/25 APPROVED| DED A+ R158,37   Add to cart

Exam (elaborations)

NCRM CERTIFICATION EXAM REVIEW QUESTIONS AND ANSWERS, GRA| LATEST UPDATES 2024/25 APPROVED| DED A+

1 review
 37 views  2 purchases
  • Course
  • NCRM CERTIFICATION
  • Institution
  • NCRM CERTIFICATION

NCRM CERTIFICATION EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ The NCUA exam is considered a ______ focused exam to meet its statutory obligation to oversee FICU's - -Risk based exam What is the NCUA rating system called? - -CAMELS What does CAMELS stand for? - -Capital adequacy Asset qual...

[Show more]

Preview 2 out of 9  pages

  • April 3, 2024
  • 9
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • NCRM CERTIFICATION
  • NCRM CERTIFICATION

1  review

review-writer-avatar

By: tochellink • 3 months ago

avatar-seller
1 NCRM CERTIFICATION EXAM REVIEW QUESTIO NS AND ANSWERS , GRADED A+ The NCUA exam is considered a ______ focused exam to meet its statutory obligation to oversee FICU's - ✅✅ -Risk based exam What is the NCUA rating system called? - ✅✅ -CAMELS What does CAMELS stand for? - ✅✅ -Capital adequacy Asset quality Management Earnings Liquidity Sensitivity to market risk When does the new CAMELS rating go into effect? - ✅✅ -April 1, 2022 The CAMELS rating is used for evaluating the soundness of CU's, the degree of risk to the National Credit Union Share Insurance and to identify those credit unions needing additional supervisory attention. - ✅✅ -True What is the rating scale for the CAMELS - ✅✅ -1 -5 What is considered higher risk during an examination? - ✅✅ -New products and services. High risk members (Hemp, Money Service Business) and previous examination findings what three things must each NCUA examination include? - ✅✅ -5300 call repor t, supervisory committee audit and compliance with BSA It is extremely important when designing and implementing a risk management program, to design the program around the size, scope and complexity of the organization - ✅✅ -True Risk Impact - The cost o r disruption experience by the organization should a risk occur. T/F - ✅✅ -true Risk programs should take a silo approach - ✅✅ -False

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller QuickPass. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R158,37. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R158,37  2x  sold
  • (1)
  Buy now