Regulatory Compliance School attendees have the opportunity to study and sit for NAFCU Certified Compliance Officer (NCCO) exams.
Please note that you will receive a printed version of NAFCU’s Credit Union Compliance GPS manual when you arrive and register at School.
The exam schedule is on the Program-at-a-Glance. Note that there is also an NCCO exam orientation on Sunday evening during the conference.
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). We recommend that you download NAFCU's 2014 NCCO Exam Study Guide once it becomes available in early 2014 for further information on the exams and process. (Check back on this page for a link to download).
During the conference, we will also have “NCCO Study Sessions” at the end of the day to let attendees know what to expect for the next day's exam.
Frequently Asked Questions
What if I am unable to attend the NCCO exam orientation on Sunday, March 10?
The orientation is not mandatory. If you are unable to attend the NCCO exam orientation, you may pick up the 2014 Exam Study Guide when you check in at Registration. (This is the guide that will be reviewed during orientation). If you have any questions, please touch base with any member of the NAFCU Compliance team while you are at the conference.
Do I need to stay at the conference until Saturday morning? Is it better to take Exam 4 on Friday evening or Saturday morning?
Some attendees choose to stay until Saturday morning to take the final NCCO exam. This allows more time for studying on Friday evening, since the content for Exam 4 will be covered during the Friday courses (with a 30-minute break between the courses and the exams). The content for Exam 4 is also covered in the 2014 version of NAFCU’s Credit Union Compliance GPS. You will receive a digital version of the manual about a week prior to the conference, and you will receive a hard copy at the conference. You may study for Exam 4 using the manual prior to the Friday afternoon exam.
Can I register and/or pay for the exams in advance?
You will receive an invoice after the conference for any exams taken during the conference.
What if I do not want to take all four exams at School?
You are not required to take all four exams at School. You have until December 31, 2014, to pass all four exams.
Should I start studying in advance of Regulatory Compliance School?
If you have time to begin studying before School, it is a good idea to do so. You will receive an electronic version of the 2014 Credit Union Compliance GPS, which is the study guide for the exams, about a week prior to the start of School. You may begin studying in advance using that guide. Additionally you will receive a copy of the 2013 Credit Union Compliance GPS when you register for School. While the 2014 version will feature a number of updates, you can still get started on studying compliance basics using the 2013 version.