The credit union movement has a rare opportunity to shape the way credit unions are regulated for the foreseeable future.
CUNA and the leagues have long pressed the NCUA to take stock of its supervision and examination processes, and as a result of that work, the NCUA has now made a commitment to do so, and in a transparent way.
That's right, with the Exam Flexibility Initiative, the NCUA has handed us the blueprint for the way it supervises and examines credit unions and asked us: "How can we make this better?"
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