Credit union professionals can learn more about the NCUA’s new modern examination platforms and systems, including the agency’s Modern Examination & Risk Identification Tool, or MERIT, during an upcoming webinar.
The webinar, set for 2 p.m. on Sept. 8, will outline the benefits of the new systems to credit unions and federal and state examiners, and it will also provide information on:
- Data Exchange Application (DEXA): This web-based application can be used by credit unions to import member loan and share data to the NCUA for examination purposes.
- NCUA Connect: This is a common entry point for authorized users to securely access NCUA’s applications, like MERIT and others.
- Admin Portal: This secure portal provides state regulatory agencies and credit unions access to NCUA Connect and other examination-related applications.
From Todd Harper, NCUA chairman:
The NCUA should be innovative, forward-thinking and risk-focused. MERIT and its related systems are just that, and they will be the foundation for the agency’s examination program going forward. I encourage stakeholders across the federally insured credit union system to register and participate in this important webinar.
As previously reported, the NCUA outlined its recent technology modernization efforts and implementation of new software tools in a letter to credit unions on Aug. 12. Details about the applications as well as links to training and instruction guides are included in the letter, which is available on the NCUA website.
Interested participants can register for the webinar here.