ALEXANDRIA, Va.-CUNA and NAFCU met with senior NCUA officials recently to discuss a pilot on liquidity guidance to be used by examiners during credit union examinations. The questionnaire would be used to determine whether a credit union’s liquidity requires further review, centering on the important aspects of liquidity. The pilot program began September 1 and will run through November 30 in six credit unions from each of the six regions, according to NCUA Spokesperson Cherie Umbel. “It will be used to develop exam procedures to provide a fair and reasonable liquidity review,” she explained. Three different levels of review were created, depending upon the size of the institution. Results and a final decision on the program will be released the beginning of 2002, Umbel said. The two trade associations met with NCUA’s Director of Investment Services Ed Dupcak and other agency officials. Representing CUNA were Chief Economist Bill Hampel and Associate General Counsel Mary Dunn. Chief Economist Tun Wai, Staff Economist Jeff Taylor, and Director of Regulatory Affairs Gwen Baker represented NAFCU. A similar pilot program on asset/liability management was previously conducted.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.