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Letter to Credit Unions Says NCUA Exam Modernization Now Underway

ALEXANDRIA, Va.—NCUA has sent a Letter to Credit Unions (21-CU-08) detailing the agency's transition to modernized systems. The agency said it will begin this transition in August.

NCUA’s efforts will include the implementation of emerging and secure technology that supports the NCUA’s examination, data collection, field of membership, and reporting efforts.

“These new applications will streamline processes and procedures and provide significant benefits to credit union users,” NCUA said.

Key areas affected:
  • NCUA Connect
  • Admin Portal
  • Consumer Access Process and Reporting Information System (CAPRIS)1
  • Modern Examination & Risk Identification Tool (MERIT)
  • Data Exchange Application (DEXA)

Training Available

To prepare credit unions for the transition to these new systems, NCUA said it will provide credit union user training through various avenues, including:
  • A self-paced training curriculum covering MERIT functionality available through the NCUA’s Learning Management Service
  • An instructional guide describing the Admin Portal functionality to manage users for your credit union and explaining how to access NCUA Connect
  • User guides, FAQs, and support materials for MERIT and DEXA can be found at: Enterprise Solution Modernization (ESM) Program | National Credit Union Administration (ncua.gov)
  • A CAPRIS Federal Credit Union Users Guide with detailed steps to access and use the system will be posted on the NCUA’s website. (The guide will also be available in the Help section of the CAPRIS application)
  • Live webinars with question and answer sessions, available by registration. More details about training sessions for MERIT and CAPRIS and how to view them will be announced as soon as they are available, NCUA said

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