This Examiner’s Guide sets out guidance for an examiner on NCUA’s examination and supervision of credit unions. The primary goal is to ensure the overall safety and soundness of the credit union system. NCUA’s risk-focused examination and supervision program evaluates the degree to which credit union management identifies, measures, monitors and controls (i.e., manages) existing and potential risks in their operations. This section of the web site is specifically addressed to examiners; however, it also offers information that credit unions may find useful when they have questions about the examination and supervision process.
Although the guidance provided by this Examiner’s Guide is dependable, it may not necessarily be the best or final approach in every situation. The risk-focused approach requires that examiners exercise their professional judgment to assess the risk inherent in a given credit union operation and determine the scope of the examination taking into consideration the many variables presented by the individual credit union. When examiners determine existing or potential risk is present, they may perform the procedures necessary to determine the extent of that risk and any mitigating circumstances related to the risk. The examiner will work with the credit union officials and staff to take the steps necessary to correct or reduce unwarranted risk.
You should be aware that the size of this guide is 18 MB. For this reason, the guide is not being offered in a single file version, it has been divided into individual chapters. We have included a chart below providing the chapter names and sizes. You may also order a hard copy of the Examiner’s Guide from our Publications
If you have questions that are not addressed in this Examiner’s Guide, you may call the Regional Office
in the region where the credit union is located.
The chapters are listed below: