Multi-Year Agreement with National Association of State Credit Union Supervisors

Background

The New Mexico Regulation and Licensing Department (RLD) is seeking a multi-year agreement with the National Association of State Credit Union Supervisors (NASCUS) to enhance the supervision and oversight of credit unions in the state. The goal of this contract is to provide comprehensive professional services that support the state's regulatory framework for credit unions, ensuring alignment with national standards and best practices.

Work Details

The contractor will provide specialized training and professional development for examiners, access to educational resources, and opportunities for collaboration with other regulatory bodies. Specific services include: 1. Delivery of training programs such as national or regional regulator meetings, examiner development courses, and online learning modules covering topics like new examiner preparation, electronic payment systems, and commercial lending. 2. Facilitation of access to external training offered by federal or interagency organizations, including support for examiner participation through grants or discounted seats. 3. Provision of resources and guidance on best practices in credit union supervision, including regulatory updates, data analytics, policy analysis, and tools to enhance supervisory effectiveness. 4. Support for accreditation efforts and information-sharing platforms to keep state examiners informed about current supervisory expectations.

Period of Performance

The contract will be effective for three years starting from July 1, 2026.

Place of Performance

Services will be performed primarily in New Mexico but may involve collaboration with federal and international regulatory bodies as needed.

Bidder Requirements

The prospective contractor must be recognized as the authoritative representative body for state credit union supervision and must have a long-standing relationship with the National Credit Union Administration (NCUA). The contractor must also demonstrate capabilities in delivering specialized training programs tailored to state credit union supervision.