Document of Resolution & Examiner Findings: What You Need to Know
Credit Union Exam Solutions Presents With Flying Colors
Understanding Document Resolutions and NCUA Examination Implications
This chapter explores the intricacies of document resolutions during NCUA examinations, focusing on the different levels of findings and their impact on credit unions. Speakers stress the need for proactive management and detail the criteria for escalating issues based on the NCUA's supervision policies.
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odcast Show Notes
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**Episode Title:** Understanding Examiner Findings, Supplementary Facts, and Documents of Resolution
**Host:** Mark Treichel
**Guests:** Steve Farrar and Todd Miller
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**Introduction:**
Welcome to another episode of "With Flying Colors." I'm your host, Mark Treichel. Today, we're diving into the intricacies of NCUA examinations, focusing on how to handle examiner findings, supplementary facts, and documents of resolution (DOR). I'm joined by two esteemed guests, Steve Farrar and Todd Miller, who bring over six decades of combined experience with NCUA.
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**Episode Highlights:**
**1. CAMEL Codes Deterioration:**
- Recent NCUA board briefing highlighted a decline in CAMEL codes.
- Implications include tougher examinations and more complex reports.
**2. Guest Introductions:**
- **Steve Farr:** 30+ years at NCUA, former problem case officer, and writer of the enforcement manual.
- **Todd Miller:** Nearly 35 years at NCUA, with extensive experience as a capital market specialist and director of special actions.
**3. Examiner Findings:**
- **Definition:** Problems identified by examiners that need addressing but don't threaten the credit union's viability.
- **Implications:** Multiple minor issues could signal broader internal control problems.
- **Regulatory Citations:** Findings should be tied to regulations or supervisory guidance.
**4. Supplementary Facts:**
- **Purpose:** Used to provide additional context and alternatives for addressing problems.
- **Specialist Input:** Often includes insights from various NCUA specialists.
- **Advice:** Utilize the supplementary facts to gain a broader understanding of potential issues.
**5. Documents of Resolution (DOR):**
- **Significance:** Represents more serious issues that, if left unaddressed, could harm the credit union.
- **SMART Principle:** Actions required should be Specific, Measurable, Achievable, Result-oriented, and Timely.
- **Challenges:** Achievability and timeliness can be problematic, especially with delayed final reports.
**6. Real-World Application:**
- Examples of how credit unions have managed large volumes of DORs.
- The importance of addressing issues proactively to avoid escalation.
**Conclusion:**
Thank you for tuning into this episode of "With Flying Colors." If you're looking to optimize your results with NCUA and save time and money, visit us at marktreichel.com. Stay informed, stay prepared, and you'll pass your exams with flying colors.
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**Call to Action:**
- **Subscribe:** Don't miss an episode—subscribe to "With Flying Colors" on your favorite podcast platform.
- **Visit Us:** For more insights and direct support, visit marktreichel.com.
- **Feedback:** Have questions or topics you'd like us to cover? Reach out to us via our website.
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**Sponsor:**
This episode is sponsored by Credit Union Exam Solutions by Mark Treichel. Optimize your NCUA results with our expert support.
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**Additional Resources:**
- [NCUA National Supervision Policy Manual](https://www.ncua.gov/regulation-supervision/manuals-guides)
- [ECFR - Electronic Code of Federal Regulations](https://www.ecfr.gov/)
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**Contact Information:**
- **Host:** Mark Treichel
- **Website:** [marktreichel.com](http://marktreichel.com)
- **Email:** info@marktreichel.com
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Be sure to tune in next week for more expert advice on navigating NCUA examinations and optimizing your credit union’s performance.
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