When DORs Become Letters of Understanding * Agreement (LUAs) What You Need to Know
Episode 237
Thursday, February 20, 2025 • Duration 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
Episode 236
Tuesday, February 18, 2025 • Duration 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:
Analysis of NCUA's 2024 Supervisory Priorities letter and its unprecedented focus on credit risk
Record-high delinquency rates in credit cards and used car loans
The need to modernize collection practices with new technology and communication methods
Importance of board reporting and corporate governance in managing credit risk
Balancing member service with sound financial practices in today's economic environment
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.
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.
#134 Geoff Bacino on the Change Coming to the NCUA Board: Tanya Otsuka
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
#133 Short Stuff - Rodney Hood to Support Harper Budget Expansion & More
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.
#132: CAMEL CODE 3 Downgrades Continue: Especially in Complex Credit Unions
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.
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.
#130 What Jumps Out on NCUA's Quarterly Data Report
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.
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.
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. ”
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
“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.”
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.
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.
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.
No recent rankings available
Related Shows Based on Content Similarities
Discover shows related to Credit Union Exam Solutions Presents With Flying Colors , based on actual content similarities. Explore podcasts with similar topics, themes, and formats, backed by real data.
