|NCUA Unveils Upcoming CU Exam Changes|
|Wednesday, 09 October 2013 05:45|
Changes that will streamline credit union examination reports and improve the overall exam process by setting clearer expectations for credit unions and examiners will be introduced on Jan. 1, the National Credit Union Administration said in a letter to credit unions (13-CU-09) released Tuesday. The Credit Union National Association has long sought the kind of changes provided in this NCUA letter, Deputy General Counsel Mary Dunn noted.
The NCUA noted it considered feedback from credit union industry officials as it developed these changes.