OSCUI Consulting Nomination Form

INSTRUCTIONS for OSCUI CONSULTING NOMINATION FORM
The Office of Small Credit Union Initiatives (OSCUI) supports the success of credit unions that are small, newly
chartered, low income designated (LID) and/or Minority Depository Institutions (MDI) through training, consulting,
grants and loans, and partnership opportunities. OSCUI recognizes the unique role small credit unions play and is
committed to helping them not only survive, but thrive.
This nomination form is a request for OSCUI consulting services which are provided free of charge. Consulting
services are provided by OSCUI Economic Development Specialists (EDS) trained in both exam and consulting.
EDS are consultants and have no regulatory authority.
This form requires a charter number. If you are an organizer group seeking to form a new credit union, please
contact [email protected].

ENROLLMENT PROCESS
Credit unions nominated into the Consulting Program
are considered for enrollment semiannually in June
and December. Nomination cut offs are May 31st (for
consulting in the third and fourth quarters of each
year) and November 30th (for consulting in the first
two quarters). Credit unions enrolled into the
Consulting Program receive EDS assistance during
the upcoming six-month cycle, and then graduate
from the program. Credit unions with further
consulting needs after the six month cycle may be renominated for the next enrollment cycle.
Nominations
Nominations to the OSCUI Consulting Program may
be made through:
• NCUA Regional Examiners (and state regulator
staff)
• Recommendation by other NCUA staff
• Self-nomination by credit unions
Enrollment Factors
OSCUI staff will meet with staff from the appropriate
NCUA regional offices to review the nominations.
OSCUI will enroll credit unions from the list of
nominations by utilizing the following prioritization
factors:
• Credit unions defined as “small”, less that $100
million in assets; Low Income Designated (LID) by
NCUA; or a Minority Depository Institution (MDI).
• The likelihood that consulting will improve the
credit union’s ability to survive and thrive.
• Cooperative, active, and responsive management
and officials interested in working with the
consultant to improve the long-term viability of the
credit union.
• CAMEL component codes.
• Credit unions with a viable field of membership or
the potential to identify a new viable field of
membership.
• Credit unions that have not participated in the
OSCUI Consulting Program previously.
Credit Unions with a Lower Priority for Enrollment:

• Credit unions with sufficient resources to
comfortably pay for the services requested,
generally those with a Net Worth of greater than
10%; a positive Return on Average Assets
(ROAA); and credit unions greater than $100
million in assets that are not Low Income
Designated.
• Credit unions that have received recent
substantial assistance (40 hours or more) from
OSCUI consulting during the past 12 months.
• Credit unions that are on the verge of merging or
liquidating.
Notification of Enrollment Status
OSCUI will notify credit unions, by email, if they’ve
been enrolled or not. Notification will be sent out 1-2
weeks prior to the beginning of the service period
(January or July). Afterwards, each EDS will contact
the credit unions assigned to her/him within 10
business days of the beginning of the service period.
At that time, the EDS will explain the process, what
operational information they require, and outline a
mutual agreeable timeframe for performing the
consulting job.
OSCUI will also notify the Examiners, Supervisory
Examiners (SEs) and regional Division of Supervision
(DOS) of the credit unions enrolled in the program.
Consulting Format
Our consultants may use one or a combination of the
following five delivery methods to assist a credit
union:
1. Referral to website resources;
2. Training;
3. Referral to a non-NCUA provider;
4. Consultation by telephone; and
5. Onsite contact.

FILLING OUT THE FORM
Credit Union Information (REQUIRED)
Fill out the name and charter number of the credit
union. Both are required fields. If you don’t know the
charter number, enter the beginning of the credit
union name then click the Search by Name button. If

will show you a list of credit unions and their charter
numbers. Enter the appropriate charter number from
that list in the Charter Number field.
Credit Union Manager’s Information (REQUIRED)
Fill out the manager’s name as well as the email
address and phone number OSCUI can use to
contact the Manager. All three of these fields are
required.
Requestor’s Information: (REQUIRED)
If you are not the manager of the credit union, provide
your name (required), email (required), and phone
number.
If you are the manager, click the Same as Manager
box and the form will populate the required name and
email fields.
If you are an NCUA Employee, fill out the required
name and email fields. You should also provide your
Employee ID and indicate whether you have
discussed this nomination with the credit union and/or
with the NCUA Supervisory Examiner.
High Priority Services Requested
Certain services receive priority within the Consulting
Program. Check the box indicated if your request is
for:
• New Charter: If the credit union has been
chartered within the last three years.
• Net Worth Restoration Plan (NWRP): Credit
unions with a net worth ratio less than 6% are
required to have in place an NCUA-approved
NWRP or, in the case of new credit unions, an
initial business plan. An NWRP is a credit union’s
written plan detailing how the credit union will
become adequately capitalized. The plan must be
supported by projected financial statements for at
least eight quarters. The plan must project
adequately capitalized net worth which will remain
for four consecutive quarters. Check this field if
you require an NWRP and your credit union has
less than $10 million in assets.
• Urgent Need: A quickly developing circumstance
or predicament may trigger a need for Economic
Development Specialist (EDS) consulting before
the next semi-annual nomination and enrollment
period opens. Such occurrences include natural
disasters, unanticipated loss of key staff, loss of
sponsor support, or situations which are a
detriment to the current viability of the credit
union. This does not include a drop in CAMEL
ratings. A credit union accepted for enrollment
under urgent need is assigned EDS assistance
provided in a 6-month period.
If you select Urgent Needs, provide an
explanation. The explanation may not exceed 255
characters.

Assistance Requested
Select your top three priorities among the services
provided. Also, briefly explain your credit union’s
need for each selection. Definitions of the services
provided through the program are:
• Budgeting Guidance: obtain guidance on how to
develop, implement, monitor and report a credit
union’s budget
• Consumer Compliance: obtain guidance on
consumer compliance laws and regulations and
information as to how to alleviate consumer
compliance risk
• FOM Expansion/Capturing New Markets: obtain
guidance on exploring new market/new
membership opportunities and the process to
apply for a Field of Membership (FOM) expansion
• Internal Control Guidance: assistance with
identifying internal control weaknesses and
potential solutions to strengthen a credit union’s
internal control processes
• Marketing Strategy Guidance: obtain guidance on
developing a marketing strategy to positively
impact your credit union’s performance, outreach
and product share
• Merger Guidance: obtain direction for those credit
unions considering a merger to recognize when it
is in their best interest and how to negotiate a
merger contract that serves members as well as
employees
• New Product Services/Development: obtain
guidance on new product and services
development: market research, product research,
testing, piloting, implementation, tracking and
monitoring, setting standards of success
• Recordkeeping Guidance: obtain guidance on
recordkeeping standards and processes, and
access to reconciliation tools
• Secondary Capital Guidance: obtain information
on secondary capital, its usage, and NCUA
regulatory requirements
• Strategic Planning Guidance: obtain direction on
the strategic planning process (planning,
preparation, developing strategies, objectives and
tactics, and implementation and monitoring), and
facilitation of the strategic planning event
Submit
Once you have completed your nomination click the
Submit button located at the bottom of the form. You
will receive a confirmation via email from OSCUI
when your application is received. Your email will
include a message, copy of the completed form, and
a confirmation number. Please save this confirmation
number for future reference.
If you have any questions, send an email to
[email protected].