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Home » NCUA issues letter on implementation of modernized systems
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NCUA issues letter on implementation of modernized systems

August 12, 2021
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NCUA issued a Letter to Credit Unions (21-CU-08) providing details on the agency's transition to modernized systems. NCUA will begin this transition this month, and efforts include the implementation of emerging and secure technology that supports the NCUA’s examination, data collection, field of membership, and reporting efforts.

According to NCUA, these new applications will streamline processes and procedures and provide significant benefits to credit union users.

Applications affected include NCUA Connect, Admin Portal, Consumer Access Process and Reporting Information System (CAPRIS), Modern Examination & Risk Identification Tool (MERIT), and Data Exchange Application (DEXA).

To prepare credit unions for the transition to these new systems, the NCUA will provide credit union user training through various avenues, including:

  • A self-paced training curriculum covering MERIT functionality available through the NCUA’s Learning Management Service;
  • An instructional guide describing the Admin Portal functionality to manage users for your credit union and explaining how to access NCUA Connect.
  • User guides, FAQs, and support materials for MERIT and DEXA can be found at: Enterprise Solution Modernization (ESM) Program.
  • A CAPRIS Federal Credit Union Users Guide with detailed steps to access and use the system will be posted on the NCUA’s website. (The guide will also be available in the Help section of the CAPRIS application).
  • Live webinars with question and answer sessions, available by registration. More details about training sessions for MERIT and CAPRIS and how to view them will be announced as soon as they are available.

KEYWORDS NCUA
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