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NAFCU Statement on NCUA's New, Interactive Examiner's Guide
Washington (Oct. 21, 2016) -- National Association of Federal Credit Unions (NAFCU) Executive Vice President of Government Affairs and General Counsel Carrie Hunt issued the following statement following National Credit Union Administration's (NCUA) launch of its online Examiner's Guide – a move long-sought by NAFCU.
"Everyone benefits from being on the same page," said Hunt. "We appreciate the new format to allow the dissemination of up-to-date guidance."
The online format of the guide will allow readers to search various topics of interest and better locate related NCUA resources. The agency said the guide also has a feedback button, allowing interested stakeholders to leave their input and suggestions for additional clarification.
NCUA said the guide will eventually include updated guidance on supervisory areas such as member business lending, consumer and real estate lending, internal controls, asset-liability management, investments and fraud, among others.
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