NCUA provides updates on examination program

NCUA’s latest Letter to Credit Unions (22-CU-02) provides credit unions with an update on the agency’s examination programs. It also covers NCUA’s supervisory priorities for 2022.

NCUA Connect & MERIT

In 2021, the NCUA trained all NCUA and state regulator users on its new examination platform, the Modern Examination and Risk Identification Tool (MERIT) and associated systems.

Credit unions will use the new MERIT platform and its related systems during their examinations. NCUA allocated time for examiners to work with credit unions on how to use these new tools during 2022.

 

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