Removing Barriers Blog

COVID-19: NCUA takes the Offsite Examination and Supervision Approach
Posted March 30, 2020 by dyi

On Monday, March 30, 2020, the NCUA sent a letter to credit unions that stated all NCUA examinations will take place offsite through May 1, 2020. NCUA will reevaluate this approach through the duration of the COVID-19 pandemic and will notify credit unions of any changes to its procedures. 

"Our top priority is the safety of agency staff, credit union employees, and members. During this time, the NCUA will limit the burden imposed on credit unions so that they can focus on providing uninterrupted service to their members. This letter outlines the NCUA’s approach to our examination and supervision program for the duration of the COVID-19 pandemic."