Corporate Examiner's Guide
OFFICE OF CORPORATE CREDIT
UNIONS (OCCU)
The Corporate Examiner’s Guide (CEG) provides guidance
to National Credit Union Administration (NCUA) examiners for performing
examinations and supervision of corporate credit unions. The primary
goal is to ensure the overall safety and soundness of the corporate
credit union system. While the CEG is intended to provide guidance
to examiners, it also offers information that corporate credit unions
may find useful in understanding the examination and supervision
process.
Both state and federal examination staff examine corporate
credit unions, depending upon whether the individual corporate
is state or federally chartered. Federal examiners normally consist
of staff from NCUA’s Office of Corporate Credit Unions (OCCU).
OCCU uses a risk-focused examination and supervision process,
which emphasizes ensuring corporate credit union management, identifies,
measures, monitors, reports and controls current and projected
risk from their operations.
Although the guidance provided in this CEG is dependable,
it may not necessarily be the best or final approach in every situation.
The risk-focused examination approach requires examiners to exercise
their professional judgment to assess the risk inherent in a given
corporate credit union operation and determine the scope of the
examination taking into consideration the many variables presented
by the individual corporate credit union. When examiners determine
a safety and soundness concern and/or a regulatory violation exists,
they communicate with corporate credit union officials and staff
to develop action steps to eliminate the concern(s).
Change 7 NCUA's Corporate Examiner's Guide (1.23 MB in PDF)
Corporate Examiner's Guide ( 1.65 MB Zip File )
Corporate Exam Questionnaires (227 KB in Zip File)
Corporate Exam Procedures ( 61 KB in Zip File)
If you have questions that are not addressed in this
CEG, you may contact the OCCU at (703) 518-6640.
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