What does CFPC mean in GENERAL

The NASCUS Certification Board administers the CFPC to certify individuals who have obtained appropriate academic qualifications and experience with respect to cooperative finance.

Earning a CFPC has many advantages. Individuals gain professional recognition from peers, state regulators, and other industry participants; access to career development opportunities; enhanced job security; and higher earning potential within their industry.

Topics covered in the CFPC include financial services regulations, cooperative finance concepts, credit union operations, accounting principles, risk management strategies, compliance requirements, and technology trends.

The duration of the examination varies depending on individual ability and aptitude. Most candidates can expect to spend at least two hours on preparation and studying prior to taking the exam. On average, most exams take about four hours for completion.

Yes. Before taking the examination candidates must meet certain qualifications regarding their educational background as well as work experience in cooperative finance; this will need to be verified by NASCUS before scheduling an exam date.

The fee for registration and examination is currently $500 USD per person per attempt. Fees may vary depending upon location or regional requirements so it is important to contact NASCUS directly for up-to-date pricing information before registering for an exam date.

Candidates must first review all eligibility requirements with NASCUS before submitting registration documents online or via mail accompanied by payment of all applicable fees. Once registered, examinees will receive further instructions as to specific dates times and locations for taking their exams.