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At the Credit Union Enterprise Risk Management conference earlier this month, a senior official at the NCUA declared that the agency is taking a more qualitative approach rather than quantitative in its examinations. Tim Segerson, deputy director of the Office of Examination and Insurance, acknowledged that credit unions that don’t take a certain level of risk damage their income, making them a potential risk to the insurance fund. He explained that the NCUA’s exam guide even instructs examiners to take a step back and look at the bigger picture.

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