Explorez tous les épisodes du podcast Credit Union Exam Solutions Presents With Flying Colors
| Titre | Date | Durée | |
|---|---|---|---|
| When DORs Become Letters of Understanding * Agreement (LUAs) What You Need to Know | 20 Feb 2025 | 00:20:07 | |
www.marktreichel.com https://www.linkedin.com/in/mark-treichel/ Have an LUA, or are you worried about getting one? Don't miss this episode. | |||
| The Perfect Storm: Credit Risk and Modern Collections with David Reed | 18 Feb 2025 | 00:39:10 | |
www.marktreichel.com https://www.linkedin.com/in/mark-treichel/ The Perfect Storm: Credit Risk and Modern Collections with David Reed In this episode, Mark Treichel sits down with David Reed, of Reed & Jolly law firm, to discuss the pressing issue of credit risk and loan quality in credit unions. As a former in-house counsel and collections manager turned credit union attorney, Reed brings unique insights into modern collection challenges and solutions. Key Topics:
Guest: David Reed | |||
| Hot Off the Press: NCUA Exam Priority Letter - Our Take | 14 Jan 2025 | 00:44:13 | |
www.marktreichel.com https://www.linkedin.com/in/mark-treichel/ Our most downloaded episode of the year: Our Take on the NCUA Supervisory Priority Letter. | |||
| #136: Appealing Your Exam to the Region? Listen to this FIRST! With Todd Miller | 09 Oct 2023 | 00:30:25 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. More and more I am asked "Can I appeal the Exam". The answer is you CAN appeal anything. The question is should you... In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations
Reach out today to discuss how I can assist you and your credit union. | |||
| #135 Does NCUA Listen to WIth Flying Colors? | 03 Oct 2023 | 00:18:39 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Of course they do! I have many friends and former colleagues who listen frequently. Last week Chairman Todd Harper opened his industry webinar by referencing an earlier episode of With Flying Colors. Listen to hear what he said and a flashback to what We said here, and a summary of what this means for credit unions. Also remember what Machiavelli said about reorganizations: “It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones. ” | |||
| #134 Geoff Bacino on the Change Coming to the NCUA Board: Tanya Otsuka | 02 Oct 2023 | 00:37:12 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. NCUA Board Members serve six years terms, are nominated by the President of the United States, and confirmed by the United States Senate. In this episode I discuss President Biden's recent action indicating an intent to nominate Tanya Otsuka - with an expert on the topic Geoff Bacino. Why is Geoff an expert: he has served 2 different agencies as a board member, including NCUA. www.marktreichel.com In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations | |||
| #133 Short Stuff - Rodney Hood to Support Harper Budget Expansion & More | 26 Sep 2023 | 00:09:32 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. NCUA Board Member Rodney Hood Announces at September Board meeting he will support Chairman Todd Harper on his initiatives coming up, including the 2024 Budget. Hours later President Joe Biden announces his intent to nominate Hood's replacement: U.S. Sen. Sherrod Brown (D-OH) – Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs – released the following statement after the Biden Administration announced the nomination of Tanya Otsuka to be a member of the National Credit Union Administration (NCUA) board. Currently, Otsuka works for Chair Brown as Senior Counsel for the Senate Banking and Housing Committee. “Tanya Otsuka is an exceptional choice to serve as a National Credit Union Administration board member. As a public servant, Ms. Otsuka has dedicated her entire career to fighting for consumers, credit unions and other small financial institutions, and a strong financial system,” said Brown. “On the Banking and Housing Committee, she has earned a reputation as a respected leader, reliable teammate, and a trusted advisor. She will bring a fresh perspective and support for the President’s work to build an economy centered on working families. If confirmed, she would be the first Asian American to serve on the NCUA Board in the agency’s 53 year history. I fully support her historic nomination and urge my colleagues to do the same.” ALEXANDRIA, Va. (Sept. 21, 2023) – National Credit Union Administration Chairman Todd M. Harper issued a statement welcoming President Joseph R. Biden’s nomination of Tanya Otsuka of Virginia to the NCUA Board: “Tanya Otsuka is a committed public servant and a well-qualified nominee to serve on the NCUA Board. Tanya’s past work has strengthened the U.S. financial system, protected consumers, and advanced the ability of credit unions to innovate and compete. Tanya would also bring a different point of view to the work of the agency as the first Asian-American NCUA Board Member. If confirmed, I look forward to working with Tanya to protect the deposits of America’s nearly 138 million credit union members and to expand access to safe, fair, and affordable financial services to under-resourced communities. I hope the Senate acts quickly on her nomination.” | |||
| #132: CAMEL CODE 3 Downgrades Continue: Especially in Complex Credit Unions | 25 Sep 2023 | 00:22:10 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Credit Unions over $500 million in assets are getting downgraded to code 3s more and more each quarter. NCUA believes this trend will continue. The code 3s are driven by Liquidity, Sensivity, Risk Management, Audit issues, accounting issues, asset quality issues to name a few. The NCUSIF briefing PowerPoint can be found here: https://ncua.gov/news/board-meetings-agendas-results/board-agenda-september-21-2023-meeting In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations
Reach out today to discuss how I can assist you and your credit union. | |||
| #131 - Why You Need Good Policies - With Expert Todd Miller | 19 Sep 2023 | 00:31:47 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Their are policies NCUA requires, policies NCUA recommends, and policies they suggest. Every policy has key elements which we discuss on today's episode. In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations
Reach out today to discuss how I can assist you and your credit union. | |||
| #130 What Jumps Out on NCUA's Quarterly Data Report | 14 Sep 2023 | 00:11:26 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Last week the NCUA issued its Quarterly Data Report. What Jumps Out? Delinquency is up - Charge offs are Up, liquidity is tight and Chairman Todd Harper expresses some concerns. Here all of this in more in today's mini-episode. https://www.cutoday.info/Fresh-Today/NCUA-Chairman-Discusses-What-Can-Be-Seen-in-New-CU-Performance-Data-the-Tale-of-Two-Types-of-Members-More In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations
Reach out today to discuss how I can assist you and your credit union. | |||
| #129 Risk Based Capital - with the Regulations Key Author Steve Farrar | 12 Sep 2023 | 00:29:18 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Before he retired from NCUA, Steve Farrar wrote the NCUA regulation on capital. It then sat on the shelf for a few years until it was finalized several years later - essentially the same as Steve drafted it. In this episode learn what he thinks is important and how this regulation works - from the eyes of the author. In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations
Reach out today to discuss how I can assist you and your credit union. | |||
| #128 Expert Vin Vieten on Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts | 05 Sep 2023 | 00:31:06 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. I catch up with Commercial Lending Expert Vin Vieten on the FFIEC's Loan Accommodation Guidance issued late last month. The guidance provides guidance to federal banking regulatory agencies on prudent commercial real estate loan accommodations and workouts. The main points are:
In summary, the guidance aims to promote consistent supervisory approaches and transparency for commercial real estate loan accommodations and workouts. The goal is to avoid impeding credit availability to sound borrowers while maintaining prudent lending practices. Here Vin's take on why this is A+ guidance. | |||
| #127 Mike Taliefero On The Intersection Of Indirect Auto Lending & Fair Lending | 29 Aug 2023 | 00:33:50 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. In the journey towards achieving fair lending in auto loans, we bring together data-driven compliance and a culture of equality. This powerful combination guides the industry towards a future that is brighter and more inclusive for both lenders and borrowers. In this episode, we have Mike Taliefero, Co-Owner of Compliance Tech, to discuss auto lending and fair lending. Mike kicks off by discussing the significance of fair lending analysis in the context of auto loans, especially within the indirect lending market. He sheds light on the key factors that can give rise to potential fair lending issues in auto lending. He also examines how credit unions usually evaluate fair lending compliance during the car loan process and the important roles that data analysis and technology play in this evaluation. Mike shares real-life examples, showcasing the types of data that are analyzed to ensure compliance and foster transparency. Mike shares the best practices for lenders to comply with fair lending regulations while remaining competitive with loan options for consumers. The road to fair lending is not without challenges, but with the right data and strategies, companies have a high chance of thriving. Tune in and learn how to create a future where fairness is a fundamental principle of the lending industry, benefiting both lenders and consumers. | |||
| The NCUA Appeal Process: A Complete Guide | 09 Jan 2025 | 00:28:21 | |
www.marktreichel.com https://www.linkedin.com/in/mark-treichel/ The NCUA Appeal Process: A Complete Guide # NCUA Appeal Process with Mark Treichel ## Overview ## Key Points About Initial Response to Examination Findings - Start with the examiner level - resolving issues at the lowest level is most time and cost-efficient ## What Can Be Appealed Material supervisory determinations that may significantly affect: Specifically includes: ## Appeal Process Timeline 1. Initial Appeal to Regional Director 2. Secondary Appeal Options (if Regional Director denies) 3. Final Appeal to NCUA Board Total timeline can extend 8-12 months, especially if oral hearings are involved. ## Important Considerations - Must follow each step sequentially - cannot skip levels ## Resources Related regulations: ## Contact Information *Note: This episode expands on an earlier podcast about the regional appeal process featuring Todd Miller.* | |||
| #125 JT Blau Of The Virginia League: Deep Dive On Member Expulsion | 22 Aug 2023 | 00:36:13 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. In today's discussion, JT Blau from the Virginia Credit Union League brings attention to the recently enacted NCUA Member Expulsion Rule. He uncovers its implications for credit unions and members alike. JT begins by explaining the different types of member behaviors that could result in expulsion. As the conversation progresses, JT shares expert advice on how credit unions can approach this groundbreaking rule. He discusses the crucial first steps, including updating bylaws and developing comprehensive policies and procedures. JT's expertise shines as he highlights the importance of consistent documentation, fair treatment, and the alignment of existing policies with the new rule. Don't miss out on this eye-opening discussion that may well shape the future of your credit union. Tune in now!
JT answers these questions and more: ● What type of member behavior makes them subject to expulsion in this method? ● What are the required notices that need to be sent out? ● What are the procedures for the hearing, the member vote, and the request for reinstatement if the member makes one? ● If my credit union wants to do this, what do we need to do first (bylaws amendments, policy and procedures)? | |||
| #124 Author Tory Haggerty: Unfair Lending: Why Discrimination In Banking Still Exists | 15 Aug 2023 | 00:39:58 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. The roots of racial discrimination ran deeper into the financial system. Today, unfair lending still exists in banking. It’s time to uproot this evil in the financial system! Today, Tory Haggerty, the Author of Unfair Lending: Why Discrimination In Banking Still Exists And How to Prevent It, reveals the faults in the financial system and provides some tips and strategies to address the problem. Appraisal bias and whitewashing cause a tremendous impact on the value of the home owned by the minority group. Tory also discussed how AI does not help solve this problem, and instead, it replicates it because AI is learning from a discriminatory world. Tune in for more! | |||
| #126 CUNA & NAFCU MERGER WHAT YOU NEED TO KNOW with John Mckechnie & Geoff Bacino | 08 Aug 2023 | 00:40:52 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Our take on what the merger might mean. From CUNA's webpage: CUNA President/CEO Jim Nussle and National Association of Federally-Insured Credit Unions (NAFCU) President/CEO Dan Berger Tuesday notified members of both organizations that the associations have signed a Letter of Intent (LOI) to merge and form into a single, powerful entity to serve credit unions more efficiently and effectively, without redundancies. Nussle will serve as the president/CEO of the new association – America’s Credit Unions – should the merger take effect. “By bringing together these two powerful credit union associations we are doubling down on our commitment to ensure the growth and prosperity of all credit unions across the nation and the 137 million Americans they serve,” said Nussle. “We look forward to uniting CUNA and NAFCU in what will be an exciting new chapter ahead, and we’re thrilled about the opportunities this will create for our members, employees, and business partners.” The Boards of Directors and Executive Committees of both CUNA and NAFCU voted unanimously in May to merge the two organizations. The merger will be subject to approval from the members of CUNA and NAFCU during a 60-day voting period, which is planned to begin later this month. Berger, who made the decision earlier this year to step aside to fulfill family obligations and pursue other opportunities, will remain at the association until year-end, working to bring the two organizations together and to ensure the merger is a success. “Both CUNA and NAFCU have worked together over the years to achieve victories for the credit union industry, and now the sky is the limit. I believe this is the best path forward for the industry,” said Berger. “A new, singular association under Jim’s fervent leadership will be able to harness the combined talent of both organizations to provide outstanding value to our members and ensure every household in America has the best credit union to serve them.” Should members approve of the merger, America’s Credit Unions will legally be established no earlier than January 2024, with the intent to be fully operational by early 2025. The new association will initially be governed by a 16-person Board of Directors. This Transition Board will include current board members from both CUNA and NAFCU, including members of each board’s executive committee. By combining strengths into a single entity, America’s Credit Unions will be a highly influential and effective voice for credit unions in Washington, D.C., and, in partnerships with the Leagues, across all 50 states, Puerto Rico and Guam. Additional details of the intent to merge, including a video message from Nussle and Berger and FAQs, can be found online. The associations will keep credit unions and other stakeholders informed throughout the process through frequent communications. | |||
| #120 Becky Reed Fintech Leader, Credit Union & CUSO Consultant | 01 Aug 2023 | 00:33:39 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Technological evolution will establish the future of finance through utilizing blockchain technology. In this exciting episode, Becky Reed, a renowned FINTECH leader and crypto enthusiast, explores the fascinating world of decentralized networks. She identifies the role of decentralized networks in bridging the crypto world and credit unions. Becky also emphasizes the importance of innovation in navigating through the technological evolution in finance. Mark and Becky discuss many things like decentralized networks, distributed ledgers, cryptocurrencies, small credit unions, and the important role of innovation. Don’t miss this educational opportunity with Beck Reed today! | |||
| #119 Kirk Kordeleski On Mentorship, Staff Retention, SERPS, Split Dollar Plans & More | 25 Jul 2023 | 00:32:07 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Join me as I catch up with Kirk Kordeleski of OM Financial. Together, we explore a diverse range of topics, including the power of mentorship, the intricacies of executive benefits, and the secrets to retaining top-notch C-suite staff. We also take a trip down memory lane through significant events like the 2008 Great Recession, the Corporate Credit Union Crisis, and the conservatorship of WesCorp and US Central. Brace yourself for an enriching conversation filled with insights and anecdotes that will leave you craving for more. | |||
| #122 NCUA New Rule on Kicking Out Credit Union Members - My Take | 24 Jul 2023 | 00:21:50 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. NCUA Examiners will review member expulsions during your next exam, according to t to NCUA Chairman Todd Harper. Hear directly from NCUA Chairman Harper and staff, with examples on what you can and cannot be expelled for. In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations
Reach out today to discuss how I can assist you and your credit union. | |||
| #121 Special Edition: NCUA to Hire More Cyber Security and Field of Membership Staff | 21 Jul 2023 | 00:17:59 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. NCUA held its mid-year budget on July 20 and approved six new staff positions: Cybersecurity Support: An addition of four positions is requested to augment the NCUA’s cybersecurity and is consistent with independent, third-party assessments of the NCUA’s cybersecurity efforts. Two positions would focus on vulnerability analysis. Worldwide cybersecurity vulnerabilities disclosed in 2022 increased by over 25% to 25,227, with 56% of those being exploited within one week after disclosure. To counter this growing risk, OCIO has made significant efforts over the last several years to reduce response times for threat mitigation; however, the continued increase in the number of vulnerabilities and the workload this creates warrant the addition of two positions. The other two positions requested would help with cloud architecture and security, and management of the NCUA’s cloud strategy. Moving information technology services to the cloud changes the cybersecurity responsibility model and requires a strategy for a secure move while capturing the new risk landscape after the move. For this effort OCIO requires two additional positions to manage and secure the NCUA’s enterprise architecture in the cloud while minimizing the impact of cloud migration to on-premises systems. • Support to Credit Unions: An addition of two positions is requested to augment CURE’s consumer access efforts. The Consumer Access Division processes field-ofmembership expansions and conversions, bylaw amendments, low-income designation requests, charter conversions, and ad hoc special projects. In the past few years, the division has received an increased number of applications of all types, which have simultaneously become more voluminous and complex. Based on estimated work hours for these transactions, the workload for 2023 is more than double what it was in 2018. The additional positions will allow CURE to better support the agency’s mission to assist credit unions with providing access to safe, fair, and affordable financial products and services to current and potential members, including those of modest means. CURE is committed to the continuous review of the field-of-membership process and procedures to ensure an efficient and positive customer service experience which include the streamlining of information requirements and improving clarity in application forms. Management will analyze and identify potential adjustments and clarifications that will reduce staff time for processing applications. This includes field-of-membership expansions and new credit union charters. CURE will support customer service by implementing technical changes that will reduce duplicative or unnecessary administrative requirements, follow the time requirements for certain field-ofmembership transaction codes, and implement enhancements to the CAPRIS system that will allow CURE to process all occupational and associational common bond groups, regardless of potential membership size. Currently, credit unions that request changes to their field-of-membership exceeding 3,000 individuals must use paper-based forms, and NCUA staff reviews and processes these requests manually. The enhancements to CAPRIS are scheduled to begin in August. Reach out to learn how we assist credit unions with all things NCUA. | |||
| #118 Montana Credit Union & Bank Commissioner Melanie Hall | 18 Jul 2023 | 00:32:15 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. In today's episode, I interview Melanie Hall, Commissioner at the Division of Banking and Financial Institutions, State of Montana. Together, we explore the current state of the banking industry, the economy, the ever-evolving landscape of interest rates, and the role of organizations like NASCUS and CSBS. Brace yourself for a discussion that not only enlightens but also brings a touch of humor as we share some amusing anecdotes and indulge in a few bad jokes along the way! | |||
| #117: Part 2 on ECOA With Expert Joe Goldberg | 11 Jul 2023 | 00:30:11 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Part 2 of my interview with Expert Joe Goldberg on ECOA. Part one is episode #116. | |||
| #116: Equal Credit Opportunity Act with Expert Joe Goldberg | 05 Jul 2023 | 00:34:05 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. I interview Joe Goldberg, formerly of NCUA, and an expert on ECOA. ECOA Requires creditors to make decisions related to providing credit and credit terms solely on credit-related factors. Equal Credit Opportunity Act (1974) – "The Congress finds that there is a need to insure that the various financial institutions and other firms engaged in the extensions of credit exercise their responsibility to make credit available with fairness, impartiality, and without discrimination on the basis of sex or marital status. Economic stabilization would be enhanced and competition among the various financial institutions and other firms engaged in the extension of credit would be strengthened by an absence of discrimination on the basis of sex or marital status, as well as by the informed use of credit which Congress has heretofore sought to promote. It is the purpose of this Act… to require that financial institutions and other firms engaged in the extension of credit make that credit equally available to all credit-worthy customers without regard to sex or marital status." | |||
| GOVERNANCE ESSENTIALS: BUILDING AN EFFECTIVE ALCO COMMITTEE STRUCTURE | 07 Jan 2025 | 00:13:49 | |
www.marktreichel.com https://www.linkedin.com/in/mark-treichel/ Everthing You Need to Know on ALCO CHARTERS AND GOVERNANCE Key Topics to Include:
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| #114 Rating Credit Risk on Commercial Member Business Loans | 29 Jun 2023 | 00:32:00 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. How do You Rate Credit Risk on your portfolio? On this summer select rerun - you hear from a 40 year expert Vin Vieten. Vin Wrote NCUA's commercial loan rule and trained NCUA staff. Vin is now a member of my team at Credit Union Exam Solutions Inc. | |||
| #113 John Kolhoff Of The National Association Of Credit Union Supervisors (NASCUS) | 27 Jun 2023 | 00:31:01 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Today, I catch up with John Kolhoff SVP of the National Association of State Credit Union Supervisors (NASCUS). We talk about the dual chartering system and its role in maintaining the strength of both state and federal charters. We also discuss the state of the current economy, as well as the challenges and opportunities for credit unions. | |||
| #112 Summer Selects: Commercial Loan Expert Vin Vieten on Managing Commercial Lending Risks | 22 Jun 2023 | 00:24:19 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Commercial loans can be a big risk if not done right. In this summer select rerun I talk to Expert Vin Vieten on how to build a commercial loan portfolio AND manage the associate risks. Vin is a member of my team at Credit Union Exam Solutions Inc. | |||
| #109 Cannabis & Digital Assets With Expert Josh Herman Of SRM | 20 Jun 2023 | 00:35:41 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Josh Herman is a Director on the Digital Assets Advisory Services team at SRM (Strategic Resource Management), an independent firm that helps financial institutions identify cost savings and new revenue potential. In this episode, Josh explains the risks in the financial industry and the role of cannabis banking and digital assets in credit unions. Compliance risk is not the primary challenge credit unions face today but the stigma in the financial industry. Furthermore, he expounds what’s the industry’s biggest concern today. He also identifies some risks in the industry and the efforts credit unions made to mitigate those risks. Delve into this episode to see the value of cannabis banking in the financial industry. | |||
| #110 Summer Selects Member Business Loan Global Cash Flow, Credit Proposals and More with Vin Vieten | 15 Jun 2023 | 00:39:02 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Commercial Loan Delinquency is on the rise. In this weeks summer select rerun we talk to Vin Vieten who spent forty years in commercial lending and wrote NCUA's rules on this topic. If you have commercial loans you won't want to miss this episode. | |||
| #111 CFPBs Small Business Loan Data Collection Rule with Expert Joe Goldberg | 13 Jun 2023 | 00:40:10 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Small Business Lending Rule – Sec. 1071 of DFA – ECOA 15 USC 1691c-2 (Small Business Loan Data Collection) – Regulation B
Intro and what Joe Goldberg and I will cover Background and purpose Overview of coverage and collection/reporting requirements Compliance dates Resources available to your credit union This is the point where you should know about the resources CFPB has so you can determine if your CU is subject to the rule and, if it is, everything you need to know about how to collect and report the data.
Those resources include the following:
Final Rule Table of Contents for Final Rule Small Entity Compliance Guide Executive Summary Key Dates Compliance Dates Information Data Points Chart Sample Data Collection Form Filing Instruction Guide
Page on CFPB website (consumerfinance.gov) under Compliance, then go to Compliance Resources and look for Small business lending collection and reporting requirements – links to all the resources, and more, on one page
Here is the link: | |||
| #108 Summer Selects: Commercial Loan Credit Culture w Expert Vin Vieten | 08 Jun 2023 | 00:33:59 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Many economists are indicated that commercial loans may get hit hard this year with delinquencies, due to: work from home driving up vacancies, layoffs,and Inflation. This is a classic episode where I interview Vin Vieten who wrote NCUA's commercial loan/ member business loan rule before retiring and joining my team at Credit Union Exam Solutions. Vin discusses the importance of building a strong credit culture. | |||
| #106 Third Party Due Diligence & Contract Management With Mike Heller | 06 Jun 2023 | 00:35:22 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. In this episode, Mark Treichel discusses Third Party Due Diligence and Contract Management with Mike Heller.
Mike is an Associate with the law firm Messick Lauer & Smith P.C. His primary focus is providing guidance and expertise on contract terms for vendor contracts and agreements. In this capacity, Mike begins with understanding the client’s business objectives and works with the client to ensure appropriate risk mitigation to accomplish those business goals. Credit unions increasingly outsource functions and programs through collaboration with third parties to expand services and product offerings. Developing sound third-party relationships and alliances can assist credit unions in meeting their strategic objectives.
Properly leveraging the skills and experience of qualified third parties may enable credit unions to: • Provide access to products and services through expanded delivery channels; • Offer more cost-effective products and services; and • Manage programs that would not be feasible without external expertise.
In many cases, third-party relationships are essential in enabling credit unions to become their members’ primary financial institution, while inadequately managed and controlled third-party relationships can result in unanticipated costs, legal disputes, and financial loss, NCUA’s role as a regulator and insurer is not to stifle the innovative use of third-party relationships to meet member needs and strategic objectives. NCUA’s goal is to ensure credit unions clearly understand the risks they are undertaking and balance and control those risks considering the credit union’s safety and members’ best interests.
https://ncua.gov/files/letters-credit-unions/LCU2007-13ENC.pdf | |||
| #107 Todd Miller on Liquidity, SVB, and the Failure of Management and Regulators | 01 Jun 2023 | 00:20:41 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. EPISODE CHAPTERS WITH FULL SUMMARIES --------- (0:00:01) - Managing Interest and Liquidity Risk (10 Minutes) We explore the importance of managing interest rate, liquidity, and credit risk together, focusing on cash flows, and understanding early warning indicators of liquidity risk. We also discuss the importance of focusing on future liquidity tracks versus past measurements as well as the risks associated with the failure of Silicon Valley Bank and the need to understand risks that can build up in hours, not days. Finally, we explore the need for credit unions to have a modern system in place that can track these risks in hours. (0:10:00) - Communication and Blame in Bank Failures (12 Minutes) The importance of having a clear communication plan in place, the finger-pointing that often occurs when banks fail, and the role that regulators have to play are discussed. Mismanagement is almost always to blame for bank failures, and how regulators may have contributed to the situation is explored. The FDIC and other government agencies used the crisis as an opportunity to call for pay raises and other regulations is considered. Lastly, the role of the CPA firm in the failure of Silicon Valley Bank and Signature Bank is examined. | |||
| #105 Todd Miller on Model Risk, Credit Risk, Interest Rate Risk, ERM & More | 31 May 2023 | 00:31:54 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. EPISODE CHAPTERS WITH FULL SUMMARIES --------- (0:00:00) - Managing Model Risk in Enterprise Management (16 Minutes) We discuss model risk, interest rate risk and credit risk and the importance of enterprise risk management. Todd shares his insights on how institutions need to inventory and categorize the risk of their models and how they can effectively challenge the results of their models to understand the whole story and identify potential risks. We also emphasize the importance of informed conservatism when making decisions and stress testing multiple variables at the same time. (0:16:23) - Credit Union Challenges and Risks (13 Minutes) We examine how government assistance during the pandemic affected credit unions and their loan-to-share ratios. We explore the impacts of inflation on deposit growth and the role it played in the fast growth of loans. We also discuss how the composition of deposits in credit unions is different from banks, with credit unions having only 9% uninsured shares, and the importance of tracking large depositors. (0:29:06) - Balance Sheet Strategy and Risk Management (2 Minutes) We explore fund transfer pricing models and the need to understand how and why an institution is making money. We also consider the importance of managing interest rate, liquidity and credit risk together, rather than in silos, in order to keep balance sheet metrics in line with credit risk. Tune in tomorrow to hear more about liquidity risk. | |||
| 2024 Summary Show and a Look Forward | 30 Dec 2024 | 00:12:55 | |
www.marktreichel.com https://www.linkedin.com/in/mark-treichel/ www.marktreichel.com https://www.linkedin.com/in/mark-treichel/ | |||
| #104 Todd Miller on SVB, the Economy, & Model Risk - Part 1 | 30 May 2023 | 00:30:56 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Discover valuable insights on the economy's response to the pandemic and the Federal Reserve's attempts to control inflation in our captivating conversation with Todd Miller. As a former regional capital market specialist and director of special actions at NCUA, Todd offers a unique perspective on the potential implications of the Fed raising rates in historical fashion. Don't miss this opportunity to learn from an expert in the credit union sector. Together, we tackle the challenges regulators and financial institutions face in navigating rising interest rates, volatile funding growth, and overall market uncertainty. Todd shares his insider's view on how the NCUA is managing the situation, addressing mismatched loan and share growth, extended investment portfolios, and volatile earnings. We also delve into the potential impact of ongoing deficit negotiations between the White House and the Republicans. Finally, prepare to unravel the complexities of model risk as it relates to credit unions, with guidance from the NCUA and OCC Handbook on model risk. We emphasize the importance of interest rate and liquidity risk in the current market, and Todd examines the limitations and costs of models. Find out the crucial factors for success when using third-party models in decision support systems, and learn how to navigate the risks posed by social media on the balance sheet and depositor behavior. This episode is packed with essential information for credit union professionals and anyone invested in the financial sector. Pandemic, Federal Reserve, Interest Rates, Credit Union, NCUA, Todd Miller, Inflation, Savers, Investment Portfolios, Deficit Negotiations, Model Risk, Liquidity Risk, Third-Party Models, Social Media, Balance Sheet, Depositor Behavior, Early Warning Indicators, Crisis Management, Decision Support Systems | |||
| #103 NCUA CUSO Examinations: What You Need to Know | 23 May 2023 | 00:17:16 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. The NCUA conducts onsite reviews in CUSOs presenting either potential systemic or individual credit union risk. Several factors, including the CUSO’s geographic footprint and types of services offered, are considered when deciding which CUSOs will receive an onsite review. The NSPM provides more specific information about the CUSO review process. In this episode I discuss the nuances of a CUSO exam, whether it is part of a normal exam or an rare independent review. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations
Reach out today to discuss how I can assist you and your credit union. | |||
| #102 Catching Up with John McKechnie Governmental Affairs Practitioner | 16 May 2023 | 00:31:38 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. In this episode, Mark Treichel is joined by Government Affairs Practitioner John McKechnie, his colleague back in NCUA. Aside from catching up, they also discuss the latest financial proceedings being discussed by Congress today in regard to NCUA. They delve into the attacks of banks to credit unions, vendor authority, CLF, CFB, and the climate-related financial risk from NCUA. Mark and John also discuss their thoughts on how Capitol Hill might attempt to look for a new financial vehicle, only to tack it onto trade associations in the credit union industry. | |||
| #101 Mike Macchiarola's Takeaways From The NCUA Annual Report | 09 May 2023 | 00:45:41 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Each March, the NCUA releases its Annual Report, summarizing the agency’s performance in meeting its strategic goals and objectives. As usual, this year’s report makes for an interesting read, particularly given the industry’s recent volatility. At the outset, the NCUA should be commended for putting together such a comprehensive, accessible, and intelligent presentation. Last year’s Annual Report won the prestigious Certificate of Excellence in Accounting Reporting award from the Association of Government Accountants. It would not be a surprise if this year’s presentation is a repeat winner. The document is laid out smartly and packed with information. Overall, the NCUA’s focus in 2022 concerned five broad categories: · Responding to evolving economic and financial challenges; · Strengthening the credit union system’s capital levels; · Increasing cyber resiliency; · Supporting small credit unions and minority depository institutions; and · Fostering greater diversity, equity, inclusion and belonging. Join this conversation today as Mike Macchiarola of Olden Lane offers his analysis on the key takeaways from the NCUA Annual Report. | |||
| Celebrating 100 Episodes of With Flying Colors | 03 May 2023 | 00:05:59 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. I started this podcast 15 months ago not knowing how it would do or how long it would last. Last month we had 2,000 downloads and today we are celebrating our 100th episodes. THANK YOU LISTENERS!!! In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations
Reach out today to discuss how I can assist you and your credit union. | |||
| #99 How the FEDS Report on SVB Will Impact Credit Union Regulation & Supervision | 02 May 2023 | 00:32:49 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Review of the Federal Reserve’s Supervision and Regulation of Silicon Valley Bank
Silicon Valley Bank (SVB) failed because of a textbook case of mismanagement by the bank. Its senior leadership failed to manage basic interest rate and liquidity risk. Its board of directors failed to oversee senior leadership and hold them accountable. And Federal Reserve supervisors failed to take forceful enough action, as detailed in the report.
Our banking system is sound and resilient, with strong capital and liquidity. And in some respects, SVB was an outlier because of the extent of its highly concentrated business model, interest rate risk, and high level of reliance on uninsured deposits; however, SVB’s failure demonstrates that there are weaknesses in regulation and supervision that must be addressed. Regulatory standards for SVB were too low, the supervision of SVB did not work with sufficient force and urgency, and contagion from the firm’s failure posed systemic consequences not contemplated by the Federal Reserve’s tailoring framework.
Following SVB’s failure, we must strengthen the Federal Reserve’s supervision and regulation based on what we have learned. This report represents the first step in that process—a self-assessment that takes an unflinching look at the conditions that led to the bank’s failure, including the role of Federal Reserve supervision and regulation. Individuals who were not involved in the supervision of SVB conducted the review, and I oversaw it.
The four key takeaways of the report are: 1. Silicon Valley Bank’s board of directors and management failed to manage their risks. 2. Supervisors did not fully appreciate the extent of the vulnerabilities as Silicon Valley Bank grew in size and complexity. 3. When supervisors did identify vulnerabilities, they did not take sufficient steps to ensure that Silicon Valley Bank fixed those problems quickly enough. 4. The Board’s tailoring approach in response to the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) and a shift in the stance of supervisory policy impeded effective supervision by reducing standards, increasing complexity, and promoting a less assertive supervisory approach.
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| #98 Is NCUA Going to Regulate Climate Related Financial Risk? | 25 Apr 2023 | 00:45:30 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. | |||
| #97 Ryan Donovan - President of the Council of Federal Home Loan Banks (FHLB) | 18 Apr 2023 | 00:25:12 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Ryan Donovan is the President of the Council of Federal Home Loan Banks. The Council is dedicated to enhancing public awareness and understanding of the Federal Home Loan Bank System. It is the primary public voice of the FHLBank System and its function is to represent the positions and views of its members to Washington, DC policymakers.
The FHLBank System was created by the Federal Home Loan Bank Act of 1932 as a government sponsored enterprise to support mortgage lending and community investment. The System is composed of 11 regional banks which are privately capitalized and owned as cooperatives by their members. Their regional distribution enables each bank to focus on the distinct needs of their individual communities. While only financial institutions may belong to a FHLBank, people everywhere benefit from them. Each year, the FHLBanks provide access to billions of dollars in low-cost funding to approximately 6,600 of America’s banks, credit unions, insurance companies and community development financial institutions. Without access to FHLBank advances, most members would find it difficult to support lending within their community.
FHLBanks carry out their core mission of providing liquidity by raising funds in the global financial markets, then lending that money in the form of “advances” (loans) to members and local communities.
Each FHLBank is operated independently and receives no taxpayer assistance. Each bank is registered with the SEC and is supervised and regulated by the Federal Housing Finance Agency (FHFA). The Office of Finance serves as the fiscal agent for the FHLBanks.
The new paper from Jim Parrott and Mark Zandi is an opening salvo in what will likely be a high-stakes battle over the future of the lenders. The FHLB system has come under fire in recent weeks for loans made to now-collapsed financial institutions Silicon Valley Bank, Signature Bank and Silvergate Capital Corp.
FHLB loans come with favorable interest rates due to implied US government backing, despite the banks being cooperatives owned by financial institutions. Critics say they can encourage risky behavior by financial firms. However, Parrott, a former Obama administration housing adviser, and Zandi, chief economist at Moody’s Analytics, said on Tuesday that the FHLBs are vital sources of liquidity for financial institutions and act as a “first responder” in crises. If anything, the system should be expanded, they said in an Urban Institute paper.
“Without the FHLBs, these downturns in the economic cycle would have been significantly more painful, with greater swings in the cost and availability of credit, exacting greater damage on the economy,” they wrote.
Week of SVB:
The Federal Home Loan Bank System issued $304 billion in debt last week, according to a person familiar with the matter, who asked not to be identified discussing non-public data. That’s almost double the $165 billion that liquidity-hungry lenders tapped from the Federal Reserve.
The Next to Last Resort | |||
| #96 Select from the Archive - NCUA's NEV and IRR Framework Changes The Good and the Bad | 11 Apr 2023 | 00:50:36 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. The first half of 2022 experienced the sharpest increase in interest rates in decades.1 A sharp rise in interest rates may amplify market risk exposure to earnings and capital. This occurs because a credit union’s assets and liabilities do not reprice equally or concurrently. This timing (or duration) mismatch, combined with a sharp rise in interest rates, may result in sharply lower net economic values (NEV) as measured using the NCUA’s NEV Supervisory Test (NEV Test) or the Estimated NEV Tool (ENT). This letter revises the risk management expectations for credit unions over $50 million in assets described in Letter to Federally Insured Credit Unions 16-CU-08, Revised Interest Rate Risk (IRR) Supervision, effective January 1, 2017. This letter provides additional information and updates to the NCUA’s supervisory framework of interest rate risk (IRR).2 Due to the changing economic and interest rate environments during 2022, the NCUA reviewed the parameters and risk classifications of the NEV Test and overall IRR supervisory framework. As a result of this review, several updates are being made with the issuance of this letter. Part II of this letter describes these changes in more detail. In summary, these changes include:
Exam staff should refer to the Examiner’s Guide for more information on examining and supervising IRR. If there is a conflict between the National Supervision Policy Manual (NSPM), the Examiner’s Guide, and this letter, exam staff must rely on this letter until the NSPM, and Examiner’s Guide are updated.3 This letter is intended to supplement existing resources on the supervision of IRR; it does not replace or supersede applicable laws and regulation. Exam staff must remember that IRR is a major area of risk and, under certain market conditions, may expose credit unions to other related issues, such as liquidity risk, asset quality deterioration, unexpected losses to earnings, capital erosion, and strategic risk. The credit union system has experienced significant growth in complexity over the past two years with total assets growing by approximately 25 percent. As the system has grown, concentrations in longer maturity assets have significantly increased sensitivity to changes in interest rates.4 If you have any questions regarding the changes detailed in this letter, please direct them to your immediate supervisor. I. Background Review of a credit union’s IRR exposure has been a long-standing supervisory priority and part of the NCUA’s supervision program. Over the past decade, the NCUA has enhanced examination tools and issued periodic updates related to IRR for both staff and credit unions. In 2012, the NCUA updated section 741.3(b) of the NCUA regulations to require credit unions with assets greater than $50 million to maintain a written policy and an effective IRR management program as part of asset liability management.5 The regulation includes Appendix A, which provides guidance for an IRR policy and an effective program. The NCUA finalized derivatives rules providing more flexibility for federal credit unions to manage IRR in 2014 and revised the rules in 2021.6 The 2021 rule modernized the use of derivatives with a principles-based approach while retaining key safety and soundness components. | |||
| #95 Mike Bell on American Banker's Article The Polarizing Question of Credit Union's Buying Banks | 05 Apr 2023 | 00:22:43 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Mike Bell of Honigman LLC was recently interviewed by Ken McCarthy of American Banker: The Polarizing Question of Credit Unions Buying Banks. Bell is the GURU of bank acquisitions. We discuss current trends on this topic and more. | |||
| LUAs - What You Need to Know | 23 Dec 2024 | 00:19:49 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. LUAs What You Need to Know Key Points: Advice for Credit Unions: Guest Experts: Host: Mark Treichel, Credit Union Exam Solutions This episode provides an in-depth look at Letters of Understanding and Agreement (LUAs) from former NCUA insiders, offering valuable insights for credit union leaders dealing with these formal actions. | |||
| #94 - Select From the Archive - Practical Advice on Dealing with NCUA on Liquidity | 04 Apr 2023 | 00:21:19 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. With Liquidity becoming a bigger priority every day we are today's episode is a from the recent archive and discusses how to deal with NCUA on liquidity issues, practical advice, and the FHLB. In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about: An examination that did not go as well as you hoped An Examination that is in process right now An examination that is coming soon Responding to an NCUA or state examination Assessing a letter to you from your Regional Director or State Regulator Seeking NCUA or State Regulator approval for an action you desire to take Assessing actions you will take in response to a Document of Resolution Receiving a Letter of Understanding and Agreement Document of Resolution (DOR) Issues Examiner Findings Supplementary Facts CAMEL Code Downgrades Capital Adequacy Asset Quality Management Code Earnings Liquidity Code Sensitivity Code Commercial Lending MBL Issues Interest Rate Risk (IRR) Net Economic Value (NEV) Secondary Capital Subordinated Debt Exit Conference / Joint Conference Challenges Fair Lending Exam Issues Field of Membership (FOM) Expansions CECL Issues Appeals Reputation Risk Net Worth Restoration Plans (NWRP) Credit risk Interest rate risk Liquidity risk Transaction risk Strategic risk Reputation risk Compliance risk NCUA's Large Credit Union Program Transition to the Office of National Examinations and Supervision (ONES) CFPB Strategic Planning Safety and Soundness Supervisory Committee Corporate Governance Bank Secrecy Act (BSA) NCUA Examination Priorities NCUA's Examination Guide National Supervision Policy Manual Bank Purchases Letters to Credit Unions NCUA Regulations
Reach out today to discuss how I can assist you and your credit union. | |||
| #93: You Can't Regulate Stupidity & Silicon Valley & Signature Banks were STUPID! | 31 Mar 2023 | 00:14:26 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Link to Whitehouse "fact" sheet: https://www.whitehouse.gov/briefing-room/statements-releases/2023/03/30/fact-sheet-president-biden-urges-regulators-to-reverse-trump-administration-weakening-of-common-sense-safeguards-and-supervision-for-large-regional-banks/ President Biden believes that resilient community and regional banks provide vital services to small businesses, workers, and families around the country. The Biden-Harris Administration has taken decisive action to ensure the stability of the banking system without putting taxpayer dollars at risk. As we have demonstrated, the administration has the tools to act quickly to prevent contagion and is committed to taking strong action if needed. Americans should have confidence that their deposits will be there when they need them. As the President said when his administration announced actions to stabilize the banking system, he is committed to “continuing our efforts to strengthen oversight and regulation of larger banks so that we are not in this position again.” The Obama-Biden Administration put in place strong requirements – primarily through the Dodd-Frank Act and subsequent regulations and supervision – to reduce the risk of future banking crises. Unfortunately, Trump Administration regulators weakened many important common-sense requirements and supervision for large regional banks like Silicon Valley Bank and Signature Bank, whose recent failure led to contagion. The President believes that the weakening of common-sense bank safeguards and supervision during the Trump Administration for large regional banks should be reversed in order to strengthen the banking system and protect American jobs and small businesses. Specifically, the President urges the federal banking agencies, in consultation with the Treasury Department, to consider a set of reforms that will reduce the risk of future banking crises, including:
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| #92 SVB Regulators Bail Out Just 10 Depositors at Cost of $13.3 Billion? | 30 Mar 2023 | 00:18:32 | |
Set up a call: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Check out our website: https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10 Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone! We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out. Hire us and gain: • Peace of mind during your exam process • Insider knowledge of NCUA procedures and expectations • Strategies to address potential issues before they become problems • Continuous access to our extensive subject matter expertise With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union passers its exam with flying colors in its next examination. Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed. Banking Committee Hearings reveal many things about the ramifications of the failure of SVB Bank. New regulations, new guidance, new costs and much more. All that being said there was one sentence of testimony that is the five hundred-pound gorilla: Marty Gruenberg said "the ten largest deposit accounts at SVB held $13.3 billion" So this was a bailout. | |||