During their Thursday meeting, NCUA board members unanimously approved a system upgrade, which the agency said might help shorten the amount of time examiners spend onsite at credit unions, as well as two full-time positions.
The system upgrade, the Enterprise Solution Modernization Program, is a series of information technology initiatives that include next generation examination and information gathering systems at the agency. The initiative also allows for the implementation of robust business intelligence capabilities and the acquisition of customer service management applications.
Also included in the approved proposal was the addition of two full-time employees to oversee the project. Deputy Executive Director John Kutchey said the new staff members would be hired through attrition from the field staff.
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