How to get certified
To earn the NCCO certification, an individual must pass a series of four examinations developed by industry-leading compliance experts. This can be done from the convenience of your home or office:
Attend Regulatory Compliance School
Take the four required exams during Regulatory Compliance School. You may also opt to take the exams at another time, as long as you have passed all four exams by October 31 of the year you attended school.
About the certification exams
The four exams cover a wide variety of compliance topics. Each exam contains 50 questions, with a mix of True/False, Yes/No and complex multiple-choice questions. A passing grade is 76% correct (38/50). Exam topics are all covered in the Credit Union Compliance Roadmap as outlined below by topic and number of exam questions for each.
Exam 1
Chapter and Section of the Compliance GPS | 50 Questions |
Chapter 1, Section 1: The Legislative and Regulatory Process | 4 Questions |
Chapter 1, Section 2: The Federal Credit Union Act and the NCUA | 4 Questions |
Chapter 1, Section 3: The Consumer Financial Protection Bureau | 2 Questions |
Chapter 1, Section 4: NCUA Supervision and Examination | 6 Questions |
Chapter 1, Section 5: Federal Credit Union Governance | 8 Question |
Chapter 1, Section 6: Federal Credit Union Powers and Limitations | 7 Questions |
Chapter 1, Section 7: Field of Membership for Federal Credit Unions | 5 Questions |
Chapter 2, Section 3: Share Insurance | 6 Questions |
Chapter 3, Section 1: NCUA Lending Requirements | 8 Questions |
Exam 2
Chapter and Section of the Compliance GPS | 50 Questions |
Chapter 2, Section 1: Regulation D | 4 Questions |
Chapter 2, Section 2: Regulation E | 10 Questions |
Chapter 2, Section 4: Regulation CC | 7 Questions |
Chapter 2, Section 6: Truth in Savings | 10 Questions |
Chapter 2, Section 7: E-SIGN Act | 4 Questions |
Chapter 4, Section 2: Privacy of Member Information | 15 Questions |
Exam 3
Chapter and Section of the Compliance GPS | 50 Questions |
Chapter 3, Sections 2 - 3, 5: CFPB’s Regulation Z | 9 Questions |
Chapter 3, Section 4: Special Credit Card Rules | 5 Questions |
Chapter 3, Section 6: TILA/RESPA Integrated Disclosures | 6 Questions |
Chapter 3, Section 7: ATR / Qualified Mortgages | 4 Questions |
Chapter 3, Sections 9 - 13: Special Mortgage Rules | 7 Question |
Chapter 3 Section 14: Lending to Servicemembers - MLA & SCRA | 7 Questions |
Chapter 3, Section 15: Regulation B | 4 Questions |
Chapter 3, Section 16: Fair Lending | 4 Questions |
Chapter 3, Section 18: Fair Credit Reporting Act | 4 Questions |
Exam 4
Chapter and Section of the Compliance GPS | 50 Questions |
Chapter 3, Section 8: Mortgage Servicing | 10 Questions |
Chapter 3, Section 17: The Real Estate Settlement Procedures Act | 4 Questions |
Chapter 3, Section 19: Loans in Flood Hazard Areas | 3 Questions |
Chapter 4, Section 1: BSA and OFAC | 14 Questions |
Chapter 4, Section 3: Information and Data Security | 10 Questions |
Chapter 4, Section 4: Vendor Management | 5 Questions |
Chapter 4, Section 5: The Telephone Consumer Protection Act | 4 Questions |