This letter is to inform you of a new workprogram which NCUA adopted for all onsite contacts, including contacts with state-chartered credit unions, that involve a review of Year 2000 issues. This Workprogram, developed by the FFIEC, focuses on the final phases of the Year 2000 process. Credit unions should be in these phases at this point.
Effective October 5, 1998, examiners will use the enclosed workprogram in their evaluation of your progress. Please make this workprogram available to your supervisory committee, internal and external auditors for their information and use.
Norman E. D’Amours