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Following NCUA Board Chairman Rodney Hood's announcement of coordinated efforts with state regulators to modernize the supervisory system, NAFCU is seeking insight into how credit unions prepare for examinations. Association-member credit unions can provide their feedback through this month's Economic & CU Monitor survey; responses are due Friday.

The survey includes questions on the exam areas of focus, and the availability and accessibility of exam-specific guidance. The survey also includes questions related to the examiner's level of experience.

NAFCU has numerous resources on NCUA exams available. In addition to recommending that the NCUA expand eligibility for an extended 18-month exam cycle for all well-run, low-risk credit unions, the association has also urged the NCUA to reconsider its approach to supervision and also better coordinate resources and expertise with other regulators, including state supervisory authorities. Earlier this year, the association asked for an  update on the agency's exam modernization efforts.

Responses to the Monitor can be recorded via online survey, and questions may be sent to research@nafcu.org.

NAFCU relies on survey responses to provide its members with a glimpse into the latest trends affecting the credit union industry. Responses are also used to inform advocacy efforts on Capitol Hill and with regulatory agencies such as the NCUA, CFPB and Federal Reserve.