This is a 90-minute webinar.
9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Don’t view your exam like an enemy invasion. View it like a visit from your in-laws. You want to show off your credit union, but you don’t want to leave them alone with the family silver. Join us to understand NCUA’s updated supervisory priorities – before examiners arrive.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Interpret the updated supervisory priorities
- Understand the NCUA Exam Modernization Initiative
- Preview the MERIT Examination System
- Employ examination preparation strategies
- Avoid common landmines
- Inventory available examination resources
Financial institutions remain the most highly regulated industry in the world. Substantial changes in examination protocols and documentation are on the way. Of special note is NCUA’s unprecedented step of issuing an Updated Supervisory Priorities Letter to address the changing COVID landscape and its impact on the examination program.
Big or small, every credit union will undergo regular examinations. The NCUA exam modernization initiative is making significant changes to the examination experience. Are you prepared? Fortunately, this is an open-book exam! A well-prepared credit union can reduce stress and increase the exam efficiency by telling your story effectively, rather than defending every operational decision and accounting entry from the dreaded “safety and soundness” attack. This webinar will help you understand and navigate the nature and scope of the exam and provide the best available strategies to present your business plan and mission to examiners.
Attendance certificate provided to self-report CE credits.
WHO SHOULD ATTEND?
This informative session is designed for senior executives, directors, supervisory committee members, managers, compliance staff, audit staff, and anyone involved with examinations.
- NCUA updated 2020 supervisory priorities
- MERIT FAQs
- Regulatory guidance on exam modernization
- Glossary of NCUA acronyms
- Employee training log
- Interactive quiz
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.