NCUA delays start of phased onsite operations


NCUA announced that it is delaying the start of its phased resumption of onsite operations due to the “evolving nature” of the COVID-19 pandemic.

In a June 26 press release, NCUA said that the agency’s leadership consulted with public health professionals and that leadership determined that a delay is warranted based on a variety of factors, including recent trends in public health data and administrative considerations.

“The NCUA’s top priority is ensuring the health, safety, and well-being of its staff while carrying out its mission,” the press release stated. “The agency will continue to monitor the pandemic’s developments and provide updated information on its plans to resume onsite examinations and operations as national, state, and local conditions permit.”

NCUA plans to continue to coordinate offsite examination and supervision efforts with state supervisory authorities, and stakeholders with questions about the delay are encouraged to contact their regional NCUA office.

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