Modern Examination & Risk Identification Tool (MERIT)

MERIT is the NCUA’s new web-based examination platform that replaces AIRES, a 25-year old legacy examination application. MERIT streamlines the examination process for credit unions and examiners. MERIT offers credit unions the ability to securely:  

• Transfer files within the context of an examination
• Provide status updates and request due date changes on examination findings and action items 
• Retrieve completed examination reports

The NCUA began piloting NCUA Connect with a small group of credit unions and state regulators in the fourth quarter of 2019. The Agency plans to make the system available for broader use in 2021.

MERIT: Frequently Asked Questions