ALEXANDRIA, Va. – NCUA has released a four-part video series in which credit union board members can learn more about the purpose, process and components of an NCUA examination.
Understanding Your Exam, available here, provides an overview of the NCUA examination process, including the small credit union examination program. Viewers will learn more about:
- What risk categories NCUA assesses during the examination process,
- How CAMEL ratings are determined, and
- How a credit union can prepare for an exam.
The video also discusses the components of ongoing monitoring that credit unions should implement to improve examination results.
Created by NCUA’s Office of Small Credit Union Initiatives, the online training module on the examination process is part of a video series covering a variety of subjects important to credit union boards, such as effective board management, credit union policies and procedures and mergers. More information is also available on NCUA’s Small Credit Union Learning Center available on www.ncua.gov.