NCUA Chairman Debbie Matz discussed the possibilities of an 18-month examination cycle during a Nov. 20 roundtable discussion in New Hampshire.
Rep. Frank Guinta (R-N.H.) hosted the event, during which he queried Matz on the possibility of a pilot program in New Hampshire for low-risk credit unions to test the implementation of an 18-month examination cycle.
Matz held firm in her assertion that moving to an 18-month exam period at the same time many of the agency's regulatory relief proposals become effective would be an irresponsible approach. She provided a similar response a day earlier during the November NCUA board meeting.
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