Steve Farrar
Former VP of the CLF at NCUA, possessing extensive knowledge of its inner workings and regulations. He provides insights into the CLF's purpose and operations.
Top 3 podcasts with Steve Farrar
Ranked by the Snipd community
15 snips
Jun 10, 2024 • 54min
Document of Resolution & Examiner Findings: What You Need to Know
Join Steve Farrar, a former NCUA insider with 30+ years in problem case management, and Todd Miller, a nearly 35-year NCUA veteran, as they explore the nuances of NCUA examinations. They discuss the implications of declining CAMEL codes and the importance of understanding examiner findings as indicators of systemic issues. The pair emphasizes proactive management of document resolutions and the critical roles of communication and governance in navigating regulatory expectations. Their insights promise to demystify the exam process for credit unions.
6 snips
Jun 24, 2024 • 19min
When DORs become LUAs: What you Need to Know About Letters of Understanding & NCUA
Experts Steve Farrar and Todd Miller discuss the rise in Letters of Understanding in credit unions. They cover the significance, implications of non-compliance, negotiation strategies, and the importance of clear communication between board and management.
Jul 3, 2025 • 31min
The NCUA Central Liquidity Facility and What You Need to Know
Steve Farrar, former VP of the Central Liquidity Facility (CLF) at NCUA, shares his vast knowledge of this essential government entity. He explains how the CLF supports credit unions during financial crises, drawing insights from historical events like the Great Recession. The discussion also covers enhancements from the CARES Act, membership benefits for natural person credit unions, and strategies for effective liquidity management. Farrar emphasizes the importance of continuous liquidity support for credit unions facing economic challenges.
