Become an NCCO

NAFCU Regulatory Compliance SchoolTwo ways to become certified

To earn the NCCO certification, an individual must pass a series of four examinations developed by industry-leading compliance experts. This can be done in two convenient ways:

1. Attend NAFCU's Regulatory Compliance School

Take the four required exams in-person during NAFCU's five-day Regulatory Compliance School. You may also opt to take the exams at another time, as long as you have passed all four exams by December 31 of the year you attended the school. All Regulatory Compliance School students will receive the most recent version of NAFCU's Credit Union Compliance GPS as part of their registration (no additional cost).

2. Self-study

Purchase the NCCO Exam Package and take the four required exams at the time and place agreed upon by you and your exam proctor. Please refer to our FAQs for proctor information. Those opting to take the exams via self-study are not required to purchase NAFCU's Credit Union Compliance GPS, but it is strongly recommended since the GPS content closely mirrors what is on the exams. There is more information on the GPS and exam content below.

Study Resources

NAFCU's Credit Union Compliance GPS

Be sure to study with the version of the Credit Union Compliance GPS that matches the exam sequence that you have purchased (i.e., use the 2016 version to study for the 2016 exams) as the exams and GPS are reviewed and updated annually. Note: The material from the Appendix of the GPS is not tested.

Free Study Guide

NAFCU offers a free NCCO Exam Study Guide with chapter-by-chapter, section-by-section listing of the study tips as they appear in NAFCU's Credit Union Compliance GPS. The study tips are intended to provide general guidance, as well as pinpoint those areas on which test takers should focus. Download your free copy of the study guide.

About the certification exams

The four exams cover a wide variety of compliance topics. Each exam contains 50 questions, with a mix of True/False, Yes/No and complex multiple-choice questions. A passing grade is 76% correct (38/50). Exam topics are all covered in NAFCU's Credit Union Compliance GPS as outlined below by topic and number of exam questions for each.

Exam 1

Chapter and Section of the Compliance GPS50 Questions
Chapter 1, Section 1: Organization, Bylaws and Field of Membership10 Questions
Chapter 1, Section 2: The Legislative and Regulatory Process6 Questions
Chapter 1, Section 3: The Federal Credit Union Act and the NCUA3 Questions
Chapter 1, Section 4: The Consumer Financial Protection Bureau1 Question
Chapter 1, Section 5: NCUA Supervision and Examination4 Questions
Chapter 1, Section 6: Special Credit Union Issues13 Questions
Chapter 2, Section 1: Regulation D4 Questions
Chapter 2, Section 3: Share Insurance5 Questions
Chapter 2, Section 7: E-SIGN Act4 Questions

Exam 2

Chapter and Section of the Compliance GPS50 Questions
Chapter 2, Section 2: Regulation E11 Questions
Chapter 2, Section 4: Regulation CC7 Questions
Chapter 2, Section 5: Uniform Commercial Code Articles 3 & 47 Questions
Chapter 2, Section 6: Truth in Savings10 Questions
Chapter 3, Section 1: NCUA's Lending Requirements10 Questions
Chapter 3, Section 17: Fair Credit Reporting Act5 Questions

Exam 3

Chapter and Section of the Compliance GPS50 Questions
Chapter 3, Section 2 - 5: Regulation Z13 Questions
Chapter 3, Section 6: TILA/RESPA Integrated Disclosures4 Questions
Chapter 3, Section 7: Ability-to-Repay / Qualified Mortgages7 Questions
Chapter 3, Section 8: Mortgage Servicing4 Questions
Chapter 3, Section 9: Loan Originator Rule2 Questions
Chapter 3, Section 10: Regulation B Appraisal Rule2 Questions
Chapter 3, Section 11: Special Protections for High-Cost Mortgages1 Question
Chapter 3, Section 12: Higher-Priced Mortgages2 Questions
Chapter 3, Section 13: Homeownership Counseling & Disclosure Requirements1 Question
Chapter 3, Section 14: Regulation B4 Questions
Chapter 3, Section 15: Fair Lending7 Questions
Chapter 3, Section 16: The Real Estate Settlement Procedures Act4 Questions

Exam 4

Chapter and Section of the Compliance GPS50 Questions
Chapter 4, Section 1: BSA and OFAC18 Questions
Chapter 4, Section 2: Privacy of Member Information18 Questions
Chapter 4, Section 3: NCUA's Security Regulation10 Questions
Chapter 4, Section 4: Vendor Management4 Questions