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NCUA Implements Modernized Systems and Tools

Posted: Aug 19, 2021 | Author: NCUA
compliance  NCUA  software tools  Technology 

In a recent Letter to Credit Unions(21-CU-08), the NCUA provides updates on technology efforts and outlines the implementation of key software tools. NCUA Connect is the main entry point for access to the Admin Portal, MERIT, DEXA, and CAPRIS. MERIT is the replacement for AIRE; DEXA is the loan and share data upload platform; and CAPRIS is the new FOM expansion application.

In August, the NCUA will begin transitioning to several new modernized applications. 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.

According to the letter:

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 | National Credit Union Administration (ncua.gov);
  • 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); and
  • 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.

For complete information, please read the entire letter linked above.

 

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