NCUA: Letter to Credit Unions No. 13-02 – Examiner Review of Loan Workouts, Nonaccruals and Regulatory Reporting of Troubled Debt Restructured Loans (March 2013)

This Supervisory Letter provides guidance for evaluating whether credit unions are following applicable regulatory requirements in administering a sound loan workout program. This guidance establishes a uniform examination approach to reviewing loan workouts, nonaccruals, and regulatory reporting of troubled debt restructured loans.