NAFCU Certified Compliance Officer (NCCO) Program

NAFCU School

How to get 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 from the convenience of your home or office:

Attend Regulatory Compliance School

Take the four required exams during Regulatory Compliance School. You may also opt to take the exams at another time, as long as you have passed all four exams by October 31 of the year you attended school.  

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 the Credit Union Compliance Roadmap as outlined below by topic and number of exam questions for each.

Exam 1

Chapter and Section of the Compliance GPS 50 Questions
Chapter 1, Section 1: The Legislative and Regulatory Process 4 Questions
Chapter 1, Section 2: The Federal Credit Union Act and the NCUA 4 Questions
Chapter 1, Section 3: The Consumer Financial Protection Bureau 2 Questions
Chapter 1, Section 4: NCUA Supervision and Examination 6 Questions
Chapter 1, Section 5: Federal Credit Union Governance 8 Question
Chapter 1, Section 6: Federal Credit Union Powers and Limitations 7 Questions
Chapter 1, Section 7: Field of Membership for Federal Credit Unions 5 Questions
Chapter 2, Section 3: Share Insurance 6 Questions
Chapter 3, Section 1:  NCUA Lending Requirements 8 Questions

Exam 2

Chapter and Section of the Compliance GPS 50 Questions
Chapter 2, Section 1: Regulation D 4 Questions
Chapter 2, Section 2: Regulation E 10 Questions
Chapter 2, Section 4: Regulation CC 7 Questions
Chapter 2, Section 6: Truth in Savings 10 Questions
Chapter 2, Section 7: E-SIGN Act 4 Questions
Chapter 4, Section 2: Privacy of Member Information 15 Questions

Exam 3

Chapter and Section of the Compliance GPS 50 Questions
Chapter 3, Sections 2 - 3, 5: CFPB’s Regulation Z 9 Questions
Chapter 3, Section 4:  Special Credit Card Rules 5 Questions
Chapter 3, Section 6: TILA/RESPA Integrated Disclosures 6 Questions
Chapter 3, Section 7: ATR / Qualified Mortgages 4 Questions
Chapter 3, Sections 9 - 13: Special Mortgage Rules 7 Question
Chapter 3 Section 14: Lending to Servicemembers - MLA & SCRA 7 Questions
Chapter 3, Section 15:  Regulation B 4 Questions
Chapter 3, Section 16:  Fair Lending 4 Questions
Chapter 3, Section 18:  Fair Credit Reporting Act 4 Questions

Exam 4

Chapter and Section of the Compliance GPS 50 Questions
Chapter 3, Section 8: Mortgage Servicing 10 Questions
Chapter 3, Section 17: The Real Estate Settlement Procedures Act 4 Questions
Chapter 3, Section 19: Loans in Flood Hazard Areas 3 Questions
Chapter 4, Section 1: BSA and OFAC 14 Questions
Chapter 4, Section 3: Information and Data Security 10 Questions
Chapter 4, Section 4: Vendor Management 5 Questions
Chapter 4, Section 5: The Telephone Consumer Protection Act 4 Questions