Credit Union Exam Solutions Presents With Flying Colors

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/In this episode of With Flying Colors, Mark Treichel speaks with Dan Prezioso, Partner at Olden Lane, about the demographic shift reshaping credit unions and why deposit competition is entering a new era.Dan shares data and insights from multiple national surveys, macro trends, and firsthand M&A activity, including:Why strategic mergers are already breaking NCUA approval records in 2025The shrinking role of baby boomers as depositors, borrowers, and primary financial institution usersWhy Gen Z and millennials are saving more — but choosing Robinhood, Coinbase, and SoFi over traditional credit unionsThe alarming statistic that 37% of Gen Z credit union members are likely to switch institutions in the next 12 months“Real” deposit growth vs. nominal growth, and why rising OPEX may force additional consolidationThe engagement deficit: younger members don’t think of credit unions as their everyday financial partnerWhat credit unions can do right now to stay relevant in the next decadeDan also highlights examples of institutions that are getting it right — from fractional real estate investing to budgeting tools and crypto-enabled debit cards — and explains what boards should be asking their CEOs in 2026 strategic planning.📩 Connect with Dan: dprezioso@oldenlane.com 🔗 Olden Lane: info@oldenlane.com🎧 Listen now and subscribe for future episodes of With Flying Colors.

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/Episode SummaryIn this archive episode of With Flying Colors, Mark sits down with Todd Miller — longtime NCUA expert, former Director of Special Actions, and member of the CU Exam Solutions team — to break down one of the most misunderstood and under-optimized tools in credit union governance: the board package.Boards get in trouble not because they don’t care, Todd explains, but because they are often misinformed, overwhelmed, or kept in the dark. A well-designed board package solves that — if it’s built with the right mix of clarity, consistency, and candor.Todd explains:What high-performing board packages includeWhy “size and complexity” shape reporting expectationsThe danger of data dumps, inconsistent formatting, and detail overloadHow to pair dashboards with strong qualitative narrativesThe one question every executive should answer in their reportsWhy peer comparisons matterHow risk appetite, strategic plans, and deviation explanations must tie togetherReal-world stories from troubled and well-run credit unionsHow to avoid examiner criticism by aligning reporting with actual riskThis episode is full of practical actions your board and leadership team can apply immediately.Key Themes & Takeaways1. Great Board Packages Balance Qualitative + Quantitative ReportingTodd outlines a simple principle: Board reports should demonstrate management’s compliance with the business plan, board policies, and the credit union’s risk appetite. transcript Board Packages Todd …Boards need both data and narrative to understand where the credit union is, how it got there, and where it’s going.2. Consistency Builds Board TrustFrom formatting to color-coding to dashboards, consistency helps directors quickly understand risk without getting bogged down.Inconsistent layouts or disorganized reporting create confusion and can lead to micromanagement or oversight failures.3. Avoid the “Data Dump” TrapTodd highlights that many troubled credit unions had mountains of data… but no clarity. Board packets that keep expanding over time—without periodic pruning—bury critical insights.Annual reviews of what stays, what goes, and how information is summarized are essential.4. Dashboards Are Critical — But Must Be Thoughtfully BuiltDashboards should show:Where the CU has beenWhere it is nowWhere it’s trending nextThey must also be paired with narrative analysis to flag:VariancesDeviations from strategic/annual plansNew risksNew opportunities5. The Biggest Blind Spot: Credit Risk ReportingCredit risk is the No. 1 cause of failures. Todd explains how to reduce hundreds of pages into 2–3 meaningful pages with:Risk migration visualsLTV + credit score overlaysPortfolio trendsBusiness loan concentration & large-borrower exposure6. Committees Create Risk — and Reporting ObligationsALCO, lending, IT, risk committees… Boards need visibility but not minutiae.Todd walks through how well-run credit unions:Summarize committee outputElevate red flagsKeep the board focused on strategy, not operations7. Real-World Stories—The Good, The Bad, The UglyTodd shares examples of:39 unprofitable branches hidden in an overly detailed packetBoards blindsided by marijuana banking risk and resulting finesA $4 million depositor walking out because the board lacked contextThese stories underscore the need for transparency, context, and prioritization.Why This MattersA strong board package:Improves governanceEnhances regulator confidencePrevents surprisesSupports faster, cleaner examsKeeps boards strategicHelps management demonstrate competence and controlThis episode is a must-listen for CEOs, CFOs, lending executives, and directors looking to elevate their governance culture.

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/Overview In this episode, we break down the fundamentals of risk management for credit unions — what it really means, why it matters at every asset size, and how boards and executives can build a resilient framework that supports safe, sustainable growth. blog risk appetiteWhat We CoverThe Three Pillars of Risk ManagementRisk Culture — how tone from the top determines effectiveness.Risk Appetite — defining how much risk is acceptable before strategy becomes unsafe.Risk Management System — the controls, processes, and oversight that put culture and appetite into action. blog risk appetiteWhy Size Matters — and Doesn’tPractical guidance for smaller credit unions: clear limits, strong oversight, and effective supervisory committees.What larger credit unions need: formal risk appetite statements, risk departments, and comprehensive reporting frameworks. blog risk appetiteCommon PitfallsThe “capital trap”—why even strong net worth can’t compensate for unmanaged concentration risk (e.g., taxi medallion credit unions).Siloed risk decisions.Hoping limit breaches “self-correct.” blog risk appetiteBest Practices for a Strong FrameworkAlign appetite with capital and strategy.Use clear metrics to monitor risk.Establish formal limit-breach processes.Encourage staff to raise risk concerns without hesitation.Maintain strong documentation and communication. blog risk appetiteKey Takeaway Risk management isn’t about eliminating risk — it’s about managing it in a way that protects members while enabling growth. A clear culture, aligned risk appetite, and well-designed system create the foundation for long-term success. 

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/This week on With Flying Colors, I’m joined by three longtime colleagues from my days at NCUA — John McKechnie, Alonzo Swann, and Geoff Bacino — for a lively roundtable on where the agency stands today, what’s working, and what’s at risk.Together, we revisit our shared time inside NCUA and discuss how leadership, budgets, and supervision are evolving in 2025 and beyond. From one-member boards and budget cuts to liquidity lifelines and affordable housing, this episode brings together decades of experience and unfiltered perspective.In this episode, we discuss:What it means for NCUA to operate with only one sitting board memberThe implications of budget reductions and staff shortages on examinationsHow Federal Home Loan Banks have become vital liquidity partners for credit unionsWhy onsite contact and examiner familiarity still matterThe Supreme Court and DOJ developments shaping NCUA’s legal authorityThe value of compromise and balanced governance inside NCUAThe political landscape heading into the next election cycle — and what it may mean for credit unionsYou’ll hear candid insights, historical context, and even a few friendly football rivalries — the kind of inside conversation that only veterans of the agency can have.🎙️ GuestsJohn McKechnie – Former NCUA Director of Public and Congressional Affairs; consultant to the credit union and housing industriesAlonzo Swann – Former NCUA Regional Director; Credit Union Strategist at the Federal Home Loan Bank of AtlantaGeoff Bacino – Former NCUA Board Member; former Federal Housing Finance Board Member; association executive and industry advocate🔗 Connect & Learn MoreVisit MarkTreichel.com/podcast for past episodes, transcripts, and consulting resources.Follow Mark on LinkedIn for weekly updates: linkedin.com/in/marktreichelSponsored by Credit Union Exam Solutions — helping credit unions save time and money when working with NCUA.

This is a special Archive Thursday episode of With Flying Colors. In this conversation with Steve Farrar and Todd Miller, we explore what it really means when a credit union is downgraded to a CAMEL Code 4.We discuss the implications for NCUA supervision, administrative actions, and how examiners begin building a formal record. You’ll learn about the added burden of frequent exams, the role of letters of understanding and agreements, and how Code 4 status impacts liquidity options, board responsibilities, and long-term viability.Packed with hard-earned insights from decades inside NCUA, this archive episode helps credit unions understand both the risks and the pathways to recovery when facing a Code 4 downgrade

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/In this episode of With Flying Colors, Mark Treichel sits down with David Reed of Reed & Jolly to dive deep into the NCUA’s new succession planning rule and what it means for credit unions across the country.Too often, boards and executives focus on writing a policy—but not on the real-world practice of finding and preparing leaders for the future. David explains why succession planning can’t stop with “golden handcuffs” or executive retention packages and why the real challenge is board and volunteer succession.Key Topics CoveredThe January 2026 effective date of the NCUA succession planning ruleWhy smaller credit unions face unique challenges when CEOs retire or leave suddenlyThe risks of relying only on the “hit by a bus” plan for executive successionBoard succession struggles: aging volunteers, shrinking social networks, and limited recruitment poolsThe role of advisory boards, director emeritus programs, and board expansion in keeping knowledge while bringing in fresh voicesThe importance of diversity of thought—beyond demographics—to strengthen governancePractical tips for creating a process to identify, recruit, and onboard new volunteersHow nominations policies and ongoing outreach can build a pipeline of future board membersDavid also shares stories from his work with credit unions nationwide, highlighting what works, what doesn’t, and how to avoid common pitfalls.Why Listen?If you’re a credit union leader, board member, or volunteer, this episode offers realistic, actionable advice on turning succession planning from a compliance checklist into a strategic advantage.📧 To reach David Reed: david@reedandjolly.com

In this archive episode of With Flying Colors, host Mark Treichel welcomes Vin Vitton, retired NCUA Senior Credit Specialist and longtime commercial banker, for an insightful discussion on credit culture—what it is, why it matters, and how it shapes a credit union’s lending success.Vin draws on his unique experience working on all three sides of the desk—as a lender, borrower, and regulator—to explain how a strong credit culture begins with board values, flows through management, and guides every credit decision. Together, Mark and Vin unpack key takeaways including:The definition and purpose of credit culture within a credit union.How board values and management philosophy shape consistent lending practices.The importance of reading regulatory preambles to understand NCUA’s intent.Why every policy, system, and training program should reinforce a consistent credit approach.How examiners and credit unions can align on “the art” of evaluating risk rather than relying on “paint-by-number” regulation.The role of appropriate structuring, documentation, and open dialogue with examiners.Whether you’re a CEO, board member, or senior lender, this episode provides valuable insight into balancing safe and sound lending with member-focused service.

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/In this solo episode, Mark Treichel breaks down a hot topic out of Washington: a Senate proposal to raise FDIC deposit insurance coverage from $250,000 to $10 million. Backed by Treasury Secretary Scott Bessent and Senator Elizabeth Warren, the idea is gaining traction — but what would it mean for credit unions?Mark explores:Why big banks are fighting the proposal — and why they might have a pointHow a $10 million FDIC cap could drain the National Credit Union Share Insurance Fund (NCUSIF)The political ripple effects for NCUA premiums and restoration plansWhy credit unions risk losing business accounts if insurance coverage doesn’t keep pace with banksAlternatives, like inflation-based adjustments, that could make more sense than a massive jumpIn the end, Mark explains why raising the cap might look like protection, but could really be lipstick on a pig for credit unions and their members.

This Archive Thursday episode of With Flying Colors revisits a timely and important topic: corporate governance. Mark is joined by former NCUA colleagues Todd Miller and Steve Farrar  to explore why governance issues are at the heart of many troubled credit unions.They cover:How poor governance can sink an institution — and how strong governance can turn it around.The importance of tone at the top, ethics, and board oversight.Why diversity of skills, demographics, and perspectives matters for boards.The regulatory framework: NCUA’s limited guidance versus FDIC’s more robust tools.Resources for directors, including FDIC pocket guides, training, and self-assessments.Real-world stories from examinations, conservatorships, and boardrooms.Whether you’re a director, executive, or examiner, this episode highlights why governance is more than compliance — it’s culture, accountability, and the foundation of credit union safety and soundness.

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/In this episode of With Flying Colors, I sit down with Elizabeth Eurgubian, Partner at Atlas Advocacy and former Director of External Affairs and Communications at the NCUA. Elizabeth brings a wealth of experience spanning the Federal Reserve, CFPB, Sallie Mae, ICBA, CUNA, and her time inside the regulator’s office.We discuss:Her unique career path from attorney at the Fed to trade association leadership to NCUA’s front officeThe critical role of the Office of External Affairs and Communications (OAC) in shaping policy and messagingInsights into working for Chairman Todd Harper and navigating political appointee rolesThe art of preparing NCUA leadership for congressional testimony (“murder boards”)How credit union comment letters really influence regulationWhy relationships and follow-up are the currency of Washington advocacyHer current work with Atlas Advocacy and DCUCWhether you’re a credit union leader, policy professional, or industry observer, this episode gives you an insider’s perspective on how advocacy and regulation intersect at the highest levels.