Workpapers & Resources

Federal Credit Union Act

• § 1756, Reports and examinations

• § 1757(5)(A)(x)

• § 1761c(b), Review and reversal of loan refusals; review by board in lieu of committee; limitation on disbursements by loan officers

• § 1785(d), Prohibition

• § 1786 Termination of insured credit union status; cease and desist orders; removal or suspension from office; procedure

NCUA Regulation

• § 701.4, General authorities and duties of Federal credit union directors

• § 701.33, Reimbursement, insurance, and indemnification of officials and employees

• Part 713, Fidelity Bond and Insurance Coverage for Federally Insured Credit Unions

• § 713.3, What bond coverage must a federally insured credit union have?

• Part 715, Supervisory Committee Audits and Verifications

• Part 715, Appendix A: Supervisory Committee Audit—Minimum Procedures

• § 715.3, General responsibilities of the Supervisory Committee

• § 715.8, Requirements for verification of accounts and passbooks

• § 715.9, Assistance from outside, compensated person

• § 715.11, Sanctions for failure to comply with this part

• § 715.12(b), Financial statement audit required

• § 715.12(c), Serious and persistent recordkeeping deficiencies

• § 741.1, Examination

• § 747.703, Authority to conduct investigations

Interagency Guidance

• 2010 Interagency Appraisal and Evaluation Guidelines

NCUA Letters to Credit Unions

• 20-RA-01, Other Supervisory Committee Audits

• 11-FCU-02, Duties of Federal Credit Union Boards of Directors

• 10-CU-23, Best Practices in Real Estate Appraisals

NCUA Examiner's Guide

• Fidelity Bond Coverage

• Risk-Focused Examinations

• Cash Operations

• Commercial and Member Business Loans

• General Ledger (PDF)

• Information Technology (PDF)

• Internal Controls

• Investment Analysis (PDF)

• Loans (PDF)

• Management (PDF)

• Earnings

• Share Structure (PDF)

• Supervisory Committee

• Total Analysis Process

Last updated on May 01, 2023