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NCUA Announces Plans to Return to On-Site Exams

ALEXANDRIA, Va.–NCUA said it is now prepared to move into the first phase of resuming onsite operations in some areas of the country.

In Letter to Credit Unions 21-CU-06, NCUA Chairman Todd Harper said the agency consulted with its public health consultant before deciding it would begin returning to the on-site exams.

“As part of Phase 1, NCUA staff and contractors will be permitted to volunteer to work on-site beginning July 19, 2021,” the letter states. medium“During Phase 1, staff may only volunteer to work onsite in locations where public healthdata indicates pandemic conditions have sufficiently moderated.

“To the extent they exceed the NCUA’s safety protocols for Phase 1, NCUA staff working onsite in credit unions will generally be expected to follow credit union policies related to safety and security,” the letter continues. “To the extent possible, the NCUA will respect a credit union’s preference to not have examination staff onsite during this phase. However, the NCUA reserves the right to conduct onsite work at a credit union if necessary to address a serious and time-sensitive matter.”

Harper said the agency will also continue to maintain heightened safeguards in its own facilities to ensure the health and safety of staff and any visitors and will further continue to monitor the course of the pandemic and adjust its plans as necessary to ensure staff safety, while continuing to ensure the safety and soundness of the credit union system and protect CU members.

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