Removing Barriers Blog

NCUA Pens Letter to Credit Unions on a Phased Approach to On-site Operations
Posted June 22, 2020 by dyi

The NCUA wrote a letter to credit unions upon obtaining guidance from agencies and public health firms notifying them of their development of a multi-phase transition plan for the resumption of its on-site operations. The NCUA is currently preparing to implement the plan.

"The NCUA’s top priority is that of ensuring the health, safety, and well-being of its staff while executing the agency’s mission," the letter states. "The transition plan may begin as early as Monday, July 6, 2020, and has built-in flexibility if a later implementation date is necessary."

The first phase of the plan appears to be conducting voluntary on-site examinations but the NCUA will continue to encourage both field and office staff to work remotely when possible. 

Read the full letter here