The National Credit Union Administration (NCUA) published its 2026 Supervisory Priorities, reaffirming its “No Regulation by Enforcement” approach while setting out how it will conduct safety-and-soundness oversight and examinations across the credit union system. The letter is intended to help credit unions prepare for exams and confirms a continued focus on risk-based supervision, with examination scope tailored to each credit union’s risk profile. Examiners will concentrate on areas posing the greatest risk to members, the credit union system, and the Share Insurance Fund. Priority areas include balance sheet management and lending, with exam work to cover credit risk management practices, underwriting standards, and liquidity planning amid loan performance described as the weakest in more than a decade. The NCUA also flags operational and compliance risk, including fraud prevention, payment systems security, and compliance with consumer financial protection laws, alongside plans to streamline examination processes and align with legislative and executive directives, including the GENIUS Act.
National Credit Union Administration 2026-01-14
National Credit Union Administration sets 2026 supervisory priorities centred on risk-based examinations and no regulation by enforcement
The National Credit Union Administration (NCUA) released its 2026 Supervisory Priorities, emphasizing a "No Regulation by Enforcement" approach and focusing on risk-based supervision tailored to each credit union's risk profile. Key areas include balance sheet management, lending, credit risk management, and compliance with consumer financial protection laws, alongside plans to streamline examination processes and align with the GENIUS Act.