That denial is affirmed in part and reversed in part. Contained in or related to examination, operating, or condition reports prepared by, on behalf of, or for the use of an agency responsible for the regulation or supervision of financial institutions. This includes all information, whether in formal or informal report form, the disclosure of which would harm the financial security of credit unions or would interfere with the relationship between NCUA and credit unions. Either purpose is sufficient reason to withhold a report. Exemption 8 has been given a very broad interpretation and all-inclusive scope by the courts.
Records including the findings of examinations are exempt.
Inasmuch as NCUA responses are based upon the results of the examination process, they are exempt from disclosure. Courts do not require agencies to segregate and disclose por- tions of documents unrelated to the financial condition of the institution. An entire report relating to the financial condition of the institution may be withheld pursuant to exemption 8. We believe both purposes of exemption 8 are met by all documents meeting your request, except for portions of the applications for federal share insurance. Therefore, the documents responsive to your request are withheld pursuant to exemption 8, except as discussed below.