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The NCUA Board will take up its two proposals regarding credit union processes for appealing exams and will issue a proposal on capital planning and supervisory stress testing during its open board meeting slated for 10 a.m. Eastern Oct. 19.

The NCUA's two proposals regarding exam appeals were issued in May. One of the proposals would standardize the appeals process for regulations that currently have their own review and appeals procedures. NAFCU firmly supports this proposal as it would provide a "simple and consolidated process for appeals," the association wrote in its August comment letter.

The other proposal would expand the number of supervisory determinations appealable to the agency's Supervisory Review Committee and provide credit unions the opportunity for additional review by the director of the Office of Examination and Insurance. In its official comment letter sent in August, NAFCU said this proposal "would greatly enhance the current process by which credit unions can challenge material supervisory determinations."

Regarding the capital planning and supervisory stress testing proposal, federally insured credit unions with assets of $10 billion or more are subject to the capital planning and stress testing requirements described in the Federal Credit Union Act.

Also during Thursday's meeting, the board will hear a National Credit Union Share Insurance Fund quarterly report and issue a request for information on electronic loan, deposit and investment data collection.