This letter provides important updates regarding the NCUA’s recent technology modernization efforts and outlines the implementation of key software tools.
In August, the NCUA will begin transitioning to several new modernized applications, which are listed below. These efforts include the implementation of emerging and secure technology that supports the NCUA’s examination, data collection, field of membership, and reporting efforts. These new applications will streamline processes and procedures and provide significant benefits to credit union users.
- NCUA Connect;
- Admin Portal;
- Consumer Access Process and Reporting Information System (CAPRIS);
- Modern Examination & Risk Identification Tool (MERIT); and
- Data Exchange Application (DEXA).