Credit Union Exam Solutions Presents With Flying Colors

Set up a call:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Check out our website:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Are 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 expertiseWith 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.Mark Treichel hosts a detailed discussion on the NCUA's new advanced notice of proposed rulemaking on records retention for credit unions, revealing insights from the April 18th board meeting. This episode features insights from Vice Chairman Kyle Hauptman on the proposed regulatory changes aimed at easing the burden on small credit unions regarding record-keeping requirements. Hauptman highlights the challenges small credit unions face in understanding what records to keep, often erring on the side of caution by storing everything to avoid NCUA compliance issues. The discussion includes feedback from credit unions on their record storage practices and the financial and logistical burdens they face. The episode underscores the importance of the NCUA providing clear guidelines to help credit unions efficiently manage records without unnecessary costs or efforts. Treichel supports Hauptman's initiative, seeing it as a beneficial move for smaller credit unions, though he cautions about other regulatory pressures that may contradict these efforts. The episode concludes with Treichel encouraging audience feedback on the rulemaking process and sharing hopes for a future where regulations are more aligned with the operational realities of small credit unions.00:00 Maximizing Success with NCUA: Insider Tips and Support00:35 Introducing a New Approach to the Podcast00:40 NCUA's Proposed Rulemaking on Records Retention01:19 Insights from the NCUA Board Meeting and Remote Participation01:49 Vice Chairman Kyle Hauptman's Advocacy for Small Credit Unions03:37 Exploring the Advanced Notice of Proposed Rulemaking Questions08:10 A Deep Dive into Vice Chairman Houtman's Remarks19:42 Concluding Thoughts on NCUA's Impact on Small Credit Unions21:32 Signing Off with a Call for Future Engagement

Set up a call:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Check out our website:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Are 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 expertiseWith 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.Navigating Credit Union Challenges and Opportunities with Rick MummIn this episode of 'With Flying Colors,' host Mark Treichel is joined by Rick Mumm, a seasoned expert in credit union field of membership, who shares his extensive experience of over 30 years with the NCUA. This discussion covers a range of topics including new charters, mergers, bylaw amendments, and the nuances of field of membership. Mumm offers insight into the complexities of credit union operations, such as handling underserved areas, transitioning from state to federal charters, and leveraging low income designations for growth and expansion. The conversation also delves into the importance of preparing efficient applications for credit union changes or expansions to avoid common pitfalls. Mumm's consultancy services, aimed at helping credit unions navigate regulatory landscapes successfully, are highlighted, offering a glimpse into the vast expertise he brings to the credit union industry. The episode is packed with valuable tips for credit union leaders seeking to maximize their success in a complex regulatory environment.00:00 Welcome to the Classic Episode on Credit Unions00:31 Navigating the NCUA's Upcoming Board Meeting01:23 Insider Tips for Credit Union Success with NCUA02:15 Deep Dive into Field of Membership with Rick Mumm05:50 Exploring the Nuances of Field of Membership06:57 The Intricacies of Trade, Industry, and Profession Credit Unions12:26 Understanding Low Income Designations and Underserved Areas16:55 The Process and Challenges of Credit Union Mergers21:33 Bylaws and Amendments: Navigating the Regulations24:45 Expanding Services: New Charters and Share Insurance25:39 Leveraging Expertise for Efficient Credit Union Management29:31 Closing Remarks and Contact Information

Set up a call:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Check out our website:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Are 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 expertiseWith 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.Navigating NCUA's Liquidity Landscape: Insights and StrategiesIn this episode of 'With Flying Colors', hosted by Mark Treichel and featuring Todd Miller, the discussion centers around the NCUA's recent liquidity webinar. Mark and Todd share their insights into the NCUA's perspective on liquidity management, referencing three key source documents: the 2010 interagency policy statement on funding and liquidity risk management, NCUA Letter CU10 guidance issued by NCUA in 2013 on compliance with NCUA regulations, and a 2023 addendum on the importance of contingency funding plans. Todd Miller, with extensive experience at NCUA, analyzes the webinar's content, suggesting it primarily served as a refresher on previous guidance and may have offered more to smaller credit unions. They touch on the importance of cash flow statements, the evolution of credit unions' deposit base since the last financial crisis, and strategies credit unions are employing to manage liquidity pressures effectively. The episode also addresses the variance in NCUA examiners' expectations and the ongoing adjustments credit unions are making in response to rising interest rates. They conclude that proactive liquidity management and adapting to changing rate environments are crucial for credit unions to thrive.00:00 Maximize Your Success with NCUA: Insider Tips and Sponsorship00:35 Introduction to the Episode: NCUA's Liquidity Webinar Recap03:08 Deep Dive into NCUA's Liquidity Webinar: Key Takeaways and Analysis05:56 Exploring the Impact of Historical and Current Liquidity Trends08:37 The Role of Non-Member Deposits and Pricing in Liquidity Management16:24 Forward-Looking Liquidity Management: Strategies and Examiner Variability32:02 Concluding Thoughts: Adjusting to Market Conditions and Future Outlook35:09 Final Remarks and Invitation for Future Learning

Set up a call:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Check out our website:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Are 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 expertiseWith 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.Empowering Credit Unions: Insights from Rodney HoodIn this episode of With Flying Colors, host Mark Treichel welcomes former NCUA board chairman Rodney Hood to discuss a range of topics relevant to credit unions. Hood shares his gratitude towards individuals and teams that contributed to his successful tenure, highlights the importance of leadership, teamwork, and the evolution of risk management practices at NCUA. He also delves into the future of credit unions, emphasizing financial technology, inclusion, and the potential for credit unions to expand into underserved areas and business lending. Moreover, Hood talks about his current roles, advocating for fintech and financial inclusivity, and how to contact him for insights and speaking engagements.00:00 Maximize Your NCUA Exam Success with Mark Treichel00:39 Special Guest: Former NCUA Board Chairman Rodney Hood07:34 Rodney Hood's Journey: From Accounting Intern to NCUA Chairman12:51 The Return to NCUA: A Mission of Unfinished Business17:27 Embracing Fintech: Rodney Hood's Vision for Credit Unions24:46 Financial Inclusion: The Civil Rights Issue of Our Generation27:34 Innovative Credit Unions: Stories of Financial Empowerment28:35 The Role of Credit Unions in Community and Education28:59 Transition and Advice for New NCUA Board Members30:23 Embracing Technology and Continuous Learning in the Financial Sector32:52 Exploring New Frontiers: Digital Currencies and Cannabis Banking34:20 The Future of Financial Institutions: AI, Member Engagement, and Business Lending41:26 Post-NCUA Endeavors: Board Memberships and Advocacy52:02 The Importance of Continuous Learning and Engagement

Set up a call:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Check out our website:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Are 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 expertiseWith 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.Navigating Merger Madness in the Credit Union WorldIn this episode of With Flying Colors titled 'Merger Madness,' Mark Treichel discusses the complexities surrounding credit union mergers, leveraging his experience and insights into the National Credit Union Administration (NCUA)'s processes and regulations. He sheds light on the reasons behind an uptick in credit union mergers, attributing it to regulatory burdens, pandemic-induced financial stresses, and recent federal actions aiming to scrutinize bank mergers more closely. Treichel explains the purpose and operation of the NCUA's Merger Partner Registry, details the conditions under which credit unions might merge, including scenarios of financial distress, and outlines the emergency merger process according to NCUA guidelines. Furthermore, Treichel addresses the potential implications of a proposed rule from the FDIC concerning mergers between banks and credit unions, predicting a regulatory shift that could challenge credit unions' expansion through acquisitions of banks. The episode highlights the strategic considerations for credit unions facing merger decisions and offers guidance on navigating regulatory and financial challenges in the current climate.00:00 Maximize Your Success with NCUA: Insider Tips00:38 Diving into Merger Madness: The NCUA's Role and Strategies01:14 Understanding the Merger Partner Registry and Its Impact03:35 Navigating the Complexities of Credit Union Mergers08:24 Emergency Mergers and Insolvency: What You Need to Know13:20 The Future of Mergers: Regulatory Changes and Predictions18:17 The Impact of Proposed FDIC Policies on Credit Union Mergers21:41 Advice for Small Credit Unions Considering Mergers23:00 Closing Thoughts and Future EpisodesMerger Registry:https://ncua.gov/regulation-supervision/letters-credit-unions-other-guidance/ncuas-merger-partner-registry

Set up a call:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Check out our website:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Are 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 expertiseWith 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.Maximizing Success with NCUA: 10 Ways to Avoid Document ResolutionsIn this episode of With Flying Colors, hosted by Mark Treichel and sponsored by Credit Union Exam Solutions, Mark shares valuable insights from his beachside brainstorming session on how to pass NCUA exams with flying colors. He discusses the importance of understanding what a document resolution is and then delves into ten strategies to avoid them, touching on topics such as compliance with the Federal Credit Union Act, NCUA regulations, your own policies, strategic planning, effective communication with NCUA, negotiation skills, training, subscribing to NCOA express and Mark's podcasts, accounting practices, and ensuring accessibility for examiners. Mark emphasizes the value of preparation, understanding, and communication in achieving success with NCUA exams and concludes by hinting at future discussions on code threes and consumer compliance exams.00:00 Welcome to With Flying Colors: Your Guide to NCUA Success00:38 A Day at the Beach: Inspiration Strikes01:45 10 Ways to Avoid a Document Resolution: An Insider's Guide07:03 The Importance of Communication and Negotiation with NCUA08:54 Training, Subscriptions, and Podcast Recommendations13:14 Final Thoughts and Looking Ahead

Set up a call:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Check out our website:https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10Are 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 expertiseWith 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.Understanding the Appeal Process for Credit UnionsIn this episode of 'With Flying Colors', Mark Treichel offers an insider's guide on how to navigate through the formal appeal process against decisions made by the National Credit Union Administration (NCUA). He touches upon various steps, starting from receiving the exam report, working through the examiner, and up to the regional director and NCUA board level. He also describes potentially challenging scenarios where credit unions face downgrades from their examiner, which can adversely impact their ability to serve their members. The episode concludes with examples of possible outcomes from an appeal, emphasizing the advantages of the appeal process as not only a means to change decisions but also as a platform to express grievances and foster a sense of closure.00:00 Introduction to the Podcast00:39 Understanding the Appeal Process within the Region01:38 The Importance of Good Communication in Resolving Issues02:35 Challenges Faced by Credit Unions03:25 The Fear of Retaliation in Credit Unions04:38 The Process of Appealing to NCUA05:32 Understanding the Appeal Process in Detail08:58 The Impact of Camel Code Downgrades13:24 The Appeal Process Timeline22:40 Defining Success in the Appeal Process26:01 Conclusion and Contact Information

Treichel, a seasoned expert in credit union compliance, unveils what he expects from the NCUA board’s upcoming speeches. He delves into possible shifts toward separate consumer compliance exams and scores, examining their implications on credit unions. The discussion highlights concerns about liquidity, vendor authority, and the rising administrative burdens leading to increased mergers. Treichel also shares thoughts on the evolving role of Navy Federal Credit Union in this scenario, predicting a wave of changes affecting the credit union landscape.

Steve Farrar, an expert on NCUA's focus on credit risk, and Todd Miller, a professional analyzing economic impacts on credit unions, bring invaluable insights. They discuss increasing loan delinquency and rising inflation, emphasizing how these factors are straining credit unions. The conversation also explores the implications of CECL, consumer struggles with interest rates, and the urgent need for credit unions to adapt their risk management. Their analysis sets the stage for navigating credit risk in the challenging economic landscape of 2024.

Dana Ginsberg from Compliance Tech discusses fair lending in credit unions, NCUA's focus, proactive monitoring, redlining, appraisal bias, and tools for compliance. The conversation covers challenges in auto lending, risks of class action lawsuits, and the importance of data analysis and resources like ebooks and software analytics.