Credit Union Exam Solutions Presents With Flying Colors

Credit Risk Is Priority One

Sep 19, 2024
Credit risk management takes center stage as experts discuss NCUA's priorities for 2024. Economic shifts, rising inflation, and surging delinquencies are testing credit unions' resilience. The podcast examines the impacts of consumer financial struggles, especially among lower-income groups. Key insights reveal the challenges in unsecured lending and the significance of the CECL accounting standard. With a focus on concentration risk, it's clear that adapting risk management strategies is crucial for navigating the evolving financial landscape.
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Episode notes
1
Intro
00:00 • 4min
2
Examining the Rise of Credit Risk in 2024
04:01 • 3min
3
Economic Struggles and Credit Risk Dynamics
06:33 • 4min
4
Navigating Credit Risk: Allowance vs. Delinquency Insights
10:19 • 2min
5
Understanding Credit Risk Priorities and Adjustments
12:04 • 4min