Adverse Action Notices: NCUA Supervisory Priority for 2019

This article reviews  the Regulation B and FCRA requirements for adverse action notices – an NCUA supervisory priority for 2019.

Written by David Park, Regulatory Compliance Counsel, NAFCU

On its list of supervisory priorities for 2019, the National Credit Union Administration (NCUA) has included compliance with Regulation B’s adverse action notice requirements. The NAFCU Regulatory Compliance team has seen an increase in the volume of adverse action questions, which makes sense due to the emphasis the agency is placing on adverse action notices.  These are some of our recent blogs on the topic: Prequalifications and Adverse Action Notices, Incomplete Applications and Adverse Actions and Joint Applicants and Adverse Action Notices.  The intent here is to provide a further analysis of adverse action notices that a credit union can use to help ensure it is satisfying the requirements.

Already a member? Log in

NAFCU Members Get More

This page contains member-only content.

Membership is open to all federally insured credit unions in the United States, both federally and state-chartered. Members enjoy:

  • Hundreds of articles and resources
  • Personalized compliance assistance
  • Discounts on top-rated education opportunities
  • Member-only benefits and savings

Interested? Schedule a Customized Membership Webinar

If you are already logged in and believe you should have access to member-only content, please contact us for assistance at