Online, updated ‘Examiner’s Guide’ unveiled

Oct. 24, 2016 -- An updated, online “Examiner’s Guide” – featuring searchable content and updated guidance in the areas of interest rate risk, risk-focused exams, total analysis process and fidelity bond coverage – is ready for use

The launch of the Examiner’s Guide website represents a shift to a searchable, database-approach for the guide. NCUA has stated that it will discontinue print and pdf versions of the guide. Examiners are urged to familiarize themselves with the organization and functionality of the website, “as it will be the sole source of examiner guidance going forward,” NCUA stated.

Additional updates will be released in phases, as the content is updated, reviewed, and approved, the agency stated. For example, the MBL chapter is expected to be finalized in the next few months.

In a release, NCUA noted that updating the content of the Examiner’s Guide has been an agency-wide effort, involving NCUA field staff and subject matter experts from across the country, as well as input from state regulators.

“Over the course of the next year, the agency will issue updated guidance on other topics,” the agency stated. “Eventually, the online Examiner’s Guide will include updated guidance on such supervisory areas as member business lending, consumer and real estate lending, internal controls, asset-liability management, investments and fraud, among others. Until that time, existing guidance found in the previous version of the Examiner’s Guide—also available on the agency’s public website here—remains in effect.

The guide was developed by NCUA working with the National Exam Committee. The committee gathered comments from examiners regarding the Examiner’s Guide, exam process, procedures, and emerging issues affecting exams. NASCUS State representatives on the NEC are Denise St. Pierre (NH), Dawn McCaskill (GA) and Edward Schutte (OR).


Online Examiner’s Guide website

Press release/NCUA Launches New Examiner’s Guidee/