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pdfProfile Form Changes
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11
December 2024
New Content
Justification /Reason
If automated, provide the name of the credit
union's anti-money laundering system.
To enhance NCUA’s ability to
evaluate a credit union’s Bank
Secrecy Act/AML program
3
General
3
General
3
General
12
3
General
13
3
General
14
4
Contacts
and Roles
5g
Job Titles - Supervisory Committee
Chairperson*
Job Titles - Supervisory or Audit Committee
Chairperson*
4
Contacts
and Roles
5h
Job Titles - Supervisory Committee Member*
Job Titles - Supervisory or Audit Committee
Member*
Change
Date
Dec-24
Minority Depository Institution questions
Removed item number from
Dec-24
section title.
Is more than 50% of your credit union’s board Is more than 50% of your credit union’s board Moved from the second
Dec-24
question under previous item 11
of directors Asian American, Black American,
of directors Asian American, Black American,
Hispanic American, or Native American? If yes, Hispanic American, or Native American? If yes, to question 12.
please identify the minority group(s) that apply. please identify the minority group(s) that apply.
Are more than 50% of your credit union’s
current and eligible potential members Asian
American, Black American, Hispanic American,
or Native American? If yes, please identify the
minority group(s) that apply
Are more than 50% of your credit union’s
current members Asian American, Black
American, Hispanic American, or Native
American? If yes, please identify the minority
group(s) that apply.
Moved from the first question Dec-24
under the previous item 11 to
item 13. Separated current
members and eligible potential
members (field of membership).
Is more than 50% of your credit union’s field of Separated current members and Dec-24
membership Asian American, Black American, eligible potential members (field
Hispanic American, or Native American? If yes, of membership). New item 14.
please identify the minority group(s) that apply
To allow for differences in
terminology between federal
credit unions and federally
insured state-chartered credit
unions.
To allow for differences in
terminology between federal
credit unions and federally
insured state-chartered credit
unions.
Dec-24
Dec-24
Profile Form Changes
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New Content
Justification /Reason
To allow the credit union to
indicate the preferred email
address that officials want to
use to receive credit union
correspondence.
To allow the credit union to
indicate the preferred email
address that officials want to
use to receive credit union
correspondence.
To allow the credit union to
indicate if they do not have a
physical site for member
services. Provides a method for
virtual credit unions to be listed
in Credit Union Locator on
NCUA.gov.
Enhanced caption to clarify that
at least one public site function
must be selected for credit
union location information to be
published in the Credit Union
Locator.
Provides an additional method
for credit unions to disclose
services available to members.
4
Contacts
and Roles
9
Preferred email address
4
Contacts
and Roles
10
Preferred email address
5
Sites
1
Does your credit union operate exclusively
online?
5
Sites
10
5
Sites
10m
6
PSSP
2
Systems used to process electronic payments
6
PSSP
2e
Clearing House Interbank Payments System
(CHIPS)
Public Site Functions (published in the Credit
Union Locator)
December 2024
Public Site Functions (credit union location
information will be published in the Credit
Union Locator if at least one function is
selected)
ITM
Select the systems used to process electronic
payments
CHIPS
Updated question and moved
from line 8 to line 2
Clarify terminology
Change
Date
Dec-24
Dec-24
Dec-24
Dec-24
Dec-24
Dec-24
Dec-24
Profile Form Changes
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December 2024
New Content
Justification /Reason
SWIFT
To update the systems used to
process electronic payments a
previous system used to process
electronic payments was
removed and a new system
used to process electronic
payments was added.
Change
Date
Dec-24
6
PSSP
2f
6
PSSP
3
Select the ACH Operator the credit union uses
for domestic ACH processing
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
3a
FedACH
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
3b
EPN
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
4
Does the credit union participate in The
Provides additional data to
Dec-24
Clearing House (TCH) Real-Time Payments (RTP) enhance the NCUA's supervision
or Federal Reserve FedNow Service for instant of payment systems.
payments or plan to participate within the next
24 months?
6
PSSP
4a
Yes, RTP
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
4b
Yes, FedNow Service
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
EPN
Profile Form Changes
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December 2024
New Content
Justification /Reason
Provides additional data to
enhance the NCUA's supervision
of payment systems.
Change
Date
Dec-24
6
PSSP
4c
Plan to within 24 months
6
PSSP
5
Specify the Agents and Technology Service
Provides additional data to
Dec-24
Provider(s) the credit union uses or plans to use enhance the NCUA's supervision
of payment systems.
(if applicable).
6
PSSP
5a
FedNow Liquidity Provider
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
5b
FedNow Settlement Agent
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
5c
RTP Funding Agent
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
5d
Technology Service Provider(s)
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
6
6
PSSP
6a
Identify the payment service(s) provided by the Specify the payment system service provider
main payment system service provider
the credt union uses for each of the following
payment services
ACH Origination
Modified the question to
Dec-24
enhance the NCUA's supervision
of payment systems and moved
from line 3 to line 6
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
Profile Form Changes
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December 2024
Change
Date
Dec-24
New Content
Justification /Reason
ACH Receipt
Provides additional data to
enhance the NCUA's supervision
of payment systems.
ATM and Debit Card Processing
Modified the caption and
Dec-24
moved from line 3d to line 6c
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
6b
6
PSSP
6c
6
PSSP
6d
6
PSSP
6e
6
PSSP
6f
Domestic Wires
6
PSSP
6g
International Wires/Remittance Transfer
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
6h
Person-2-Person (P2P)
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
6i
Remote Deposit Capture
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
6j
Share Draft
Share Draft Processing and Settlement
6
6
6
PSSP
PSSP
PSSP
6k
3c
3e
Other (Please Specify)
Wire Transfers
Electronic Funds Transfer and Direct Deposit
Other (Please Specify)
Modified the caption and
moved from line 3a to line 6j
Moved from line 3f to line 6k
Retire this payment service
Retire this payment service
ATM and Debit Processing and Settlement
Bill Payment
Credit Card Processing and Settlement
Credit Card Processing
Modified the caption and
Dec-24
moved from line 3b to line 6e
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
Dec-24
Dec-24
Dec-24
Dec-24
Profile Form Changes
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December 2024
New Content
Justification /Reason
Change
Date
Dec-24
6
PSSP
7
Have you changed or do you plan to change
payment system service providers within the
next 12 months?
Will the credit union add new payment
service(s) or change payment system service
providers within the next 24 months?
Modified the caption to
enhance the NCUA's supervision
of payment systems and moved
from line 5 to line 7. Aligned
timeframe for reporting future
changes to 24 months
throughout the Profile.
6
PSSP
8
6. Select the name of the new provider.
7. Identify payment service(s) affected by this
change.
If yes, select the new payment system service
and provide the new payment system services
provider (select all that apply).
6
PSSP
8a
ACH Origination
Modified the caption to
Dec-24
enhance the NCUA's supervision
of payment systems and
combined lines 6 and 7 and
moved to line 8.
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
8b
ACH Receipt
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
8c
ATM and Debit Card Processing
6
PSSP
8d
Modified the caption and
Dec-24
moved from line 7d to line 8c
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
8d
6
PSSP
8f
ATM and Debit Processing and Settlement
Bill Payment
Credit Card Processing and Settlement
Credit Card Processing
Domestic Wires
Modified the caption and
Dec-24
moved from line 7b to line 8e
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
Profile Form Changes
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December 2024
New Content
Justification /Reason
Change
Date
Dec-24
6
PSSP
8g
International Wires/Remittance Transfer
Provides additional data to
enhance the NCUA's supervision
of payment systems.
6
PSSP
8h
Person-2-Person (P2P)
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
8i
Remote Deposit Capture
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
8j
Share Draft
Share Draft Processing and Settlement
6
6
6
PSSP
PSSP
PSSP
8k
7c
7e
Other (Please Specify)
Wire Transfers
Electronic Funds Transfer and Direct Deposit
Other (Please Specify)
Modified the caption and
moved from line 7a to line 8j
Moved from line 7f to line 8k
Retire this payment service
Retire this payment service
6
PSSP
9
Does the credit union digitally issue or instant
issue cards at any of its locations?
6
PSSP
10
Does the credit union own or lease Automated Provides additional data to
Dec-24
Teller Machines (ATMs) or Interactive Teller
enhance the NCUA's supervision
Machines (ITMs)?
of payment systems.
6
PSSP
11
Does the credit union originate Same-day ACH
Transactions?
6
PSSP
9
If the credit union performs ACH transfers, are
they domestic, international, or both?
Dec-24
Dec-24
Dec-24
Dec-24
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
Replaced by other payment
systems data.
Dec-24
Profile Form Changes
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If the credit union performs wire transfers, are
they domestic, international, or both?
December 2024
Justification /Reason
6
PSSP
11
6
PSSP
13c Online Banking
Online Banking (web-based)
6
PSSP
13f
Mobile Banking application
6
PSSP
13g
Mail (postal service)
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
PSSP
13h
Lockbox
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
6
7
PSSP
IT
13i
5
Other (Please Specify)
If the credit union offers digital banking
services, please indicate if the services are
internal or external. If external, provide the
vendor and product name.
Moved from line 12 f to 13 i
Dec-24
The dynamic nature of digital
Dec-24
banking services highlights the
need for additional data. Adding
this question will provide
additional data to enhance the
NCUA's supervision of
information technology.
7
IT
5a
Consumer online banking
The dynamic nature of digital
Dec-24
banking services highlights the
need for additional data. Adding
this question will provide
additional data to enhance the
NCUA's supervision of
information technology.
Other (Please Specify)
Replaced by other payment
systems data.
Change
Date
Dec-24
Updated terminology and
Dec-24
moved from 12c to 13 c
Provides additional data to
Dec-24
enhance the NCUA's supervision
of payment systems.
Profile Form Changes
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December 2024
New Content
Justification /Reason
Change
Date
Dec-24
7
IT
5b
Consumer mobile banking
The dynamic nature of digital
banking services highlights the
need for additional data. Adding
this question will provide
additional data to enhance the
NCUA's supervision of
information technology.
7
IT
5c
Consumer mobile deposit
The dynamic nature of digital
Dec-24
banking services highlights the
need for additional data. Adding
this question will provide
additional data to enhance the
NCUA's supervision of
information technology.
7
IT
5d
Commercial online banking
The dynamic nature of digital
Dec-24
banking services highlights the
need for additional data. Adding
this question will provide
additional data to enhance the
NCUA's supervision of
information technology.
7
IT
5e
Commercial mobile banking
The dynamic nature of digital
Dec-24
banking services highlights the
need for additional data. Adding
this question will provide
additional data to enhance the
NCUA's supervision of
information technology.
Profile Form Changes
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December 2024
New Content
Justification /Reason
Change
Date
Dec-24
7
IT
5f
Remote Deposit Capture
The dynamic nature of digital
banking services highlights the
need for additional data. Adding
this question will provide
additional data to enhance the
NCUA's supervision of
information technology.
7
IT
5g
Other
The dynamic nature of digital
Dec-24
banking services highlights the
need for additional data. Adding
this question will provide
additional data to enhance the
NCUA's supervision of
information technology.
7
IT
6
Select the core applications the credit union
uses. Please indicate if the core application is
hosted internally (systems hosted by affiliated
organizations are external) or externally. If
vendor supplied or vendor hosted, provide the
vendor and product name.
Replaced items 7 and 8 with
Dec-24
item 6. Some credit unions use
multiple systems for processing
transactions and the NCUA
needs to be aware of the
various processors being used.
7
IT
6a
General Ledger
To enhance NCUA’s supervision Dec-24
of core applications.
7
IT
6b
Shares/Loans
To enhance NCUA’s supervision Dec-24
of core applications.
7
IT
6c
Other
To enhance NCUA’s supervision Dec-24
of core applications.
7. Data Processing System used to maintain
credit union records.
8. Name of the primary share/loan data
processing vendor.
Profile Form Changes
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If the credit union has undergone or plans to
undergo a Core Data Processing Conversion,
please provide the following
New Content
If the credit union plans to undergo a Core
Application Conversion in the next 24 months,
please provide the following
December 2024
Change
Date
Limiting the question to plans to Dec-24
convert data processing systems
within the next 24 months,
enhances the NCUA's
supervision of information
technology.
Justification /Reason
7
IT
8
7
IT
8a
General Ledger
Aligns the types of applications
in item 8 to the types of
applications in item 6 to
enhance NCUA's supervision of
information technology.
7
IT
8b
Shares/Loans
Aligns the types of applications
in item 8 to the types of
applications in item 6 to
enhance NCUA's supervision of
information technology.
7
IT
8c
Other
Aligns the types of applications
in item 8 to the types of
applications in item 6 to
enhance NCUA's supervision of
information technology.
7
IT
8d
8a. Date of Conversion
Anticipated Conversion Date
7
IT
8e
8b. Core Processor Converting/Converted to:
Core Application Converting to
7
IT
12
Changed from past tense to
future tense. The conversion
date will be within the next 24
months.
Eliminated past tense text. The
conversion date will be within
the next 24 months.
To enhance the NCUA's
supervision of information
technology.
Select the Managed Security Service Provider
(MSSP) service(s) the credit union uses (check
all that apply):
Dec-24
Dec-24
Profile Form Changes
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New Content
Justification /Reason
To enhance the NCUA's
supervision of information
technology.
To enhance the NCUA's
supervision of information
technology.
To enhance the NCUA's
supervision of information
technology.
To enhance the NCUA's
supervision of information
technology.
To enhance the NCUA's
supervision of information
technology.
To enhance the NCUA's
supervision of information
technology.
To enhance the NCUA's
supervision of information
technology.
To allow for differences in
terminology between federal
credit unions and federally
insured state-chartered credit
unions.
Retire Grants tab. This data is
being obtained in other ways.
7
IT
12a
24/7 network security monitoring
7
IT
12b
Security Operations Center
7
IT
12c
Systems Patching
7
IT
12d
Security and Information Even Management
7
IT
12e
Ransomware backups
7
IT
12f
DDoS Mitigation
7
IT
12g
Dark Web Monitoring
8
Regulatory
11 Grants
December 2024
7
Provide your Supervisory Committee contact
Provide your Supervisory or Audit Committee
information for public/official correspondence contact information for public/official
correspondence
Grants
Change
Date
Dec-24
Dec-24
Dec-24
Dec-24
Dec-24
Dec-24
Dec-24
Dec-24
Dec-24
Profile Form Changes
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11 Merger
Partner
Registry
Line Previous Content
1
December 2024
New Content
Justification /Reason
For Minority Depository Institution credit
unions: Is your credit union interested in being
considered a merger partner for a Minority
Depository Institution?
Minority Depository Institution
credit unions can express an
interest in being considered as a
merger partner for another
Minority Depository Institution
credit union.
Change
Date
Dec-24
| File Type | application/pdf |
| Author | Brog, Vicki |
| File Modified | 2024-10-06 |
| File Created | 2024-10-03 |