Exams

NCUA quietly approves supervisory guidance rule

01/20/21

The agency used a notation vote to advance the final measure, the third time it has used that method in a month.

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10 ways coronavirus upended credit union industry in 2020

12/31/20

From dealing with a flood of deposits to working with examiners virtually, credit unions were forced to quickly adapt to a new normal after the pandemic hit. Here's a look at some of the biggest changes and challenges they faced.

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NCUA names new director of examination and insurance

11/02/20

Myra Toeppe, who had been serving as acting director since January, will take on that role permanently.

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NCUA employees will have choice to continue working virtually

10/21/20

The credit union regulator has no immediate plans to bring staff and examiners back into the office, but Chairman Rodney Hood said staying remote would remain an option for all staff members during Phase 1 of any return.

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Countering OCC, states announce streamlined payments exams

09/15/20

With the Office of the Comptroller of the Currency considering a special charter for payments firms, a state regulator group said large money transmitters can opt for the “one company, one exam” program next year.

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Industry groups call on NCUA to refine virtual examination process

09/03/20

With on-site supervision off the table indefinitely, various credit union trade associations have suggested how NCUA could improve remote exams, including issues related to exam timelines and cybersecurity.

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Week ahead: Credit union events to stay digital well into 2021

08/31/20

Industry groups are also pushing the federal regulator to improve how off-site examinations are conducted.

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Supervision: Sharp focus on tech capability, customer well-being

06/23/20

The pandemic will accelerate the drive toward a supervision process in which both regulators and banks will need the digital tools that enable sophisticated remote exams. Expect a heightened focus, too, on customers' financial health.

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Is it safe for bank examiners to return to the field?

06/15/20

The acting comptroller of the currency signaled that his agency is planning to resume on-site supervision despite health risks tied to the pandemic. But some bankers and former examiners urged caution, saying remote monitoring has its advantages.

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FHFA identifies supervisory concerns at two Federal Home Loan banks

06/15/20

The agency flagged faulty risk management and other issues at the Federal Home Loan Bank of Des Moines and Federal Home Loan Bank of San Francisco in exams conducted last year.

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