Credit Union Exam Solutions Presents With Flying Colors

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/NCUA's Commercial Loan Rule requires a rating system.  I discuss what it requires with Vin Vieten, author of the rule.

Ray Ragan, CIO of Securityplus Federal Credit Union, shares his expertise on transforming AI from mere fraud detection to a strategic asset for credit unions. He discusses leveraging the NIST AI Risk Management Framework for policy development and the importance of human accountability in AI integration. Ray emphasizes the need for data-driven decision-making, navigating regulatory changes, and adopting agentic AI to enhance operational efficiency and marketing strategies. His insights highlight why forward-thinking is essential for credit unions to stay competitive.

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/COMMERCIAL CREDIT RISKS Rising commercial credit risks - Why regulators are worried Work-from-home impact on commercial real estate Rate shock reality: 3-4% loans resetting to 6-7%Minneapolis downtown real estate down 25% CECL forecasting challenges and provision expensesNCUA's hyperfocus on annual review processes Empty office buildings near NCUA headquarters

Geoff Bacino, a former NCUA board member under Presidents Clinton and Bush, and John McKechnie, former head of congressional affairs at NCUA, delve into pressing issues facing America's credit unions. They discuss the tumult at the NCUA, including board shake-ups and staff freezes impacting supervision. The implications of a significant Supreme Court case on regulatory appointments are examined. They also explore leadership changes at America's Credit Unions and future CFPB compliance challenges, wrapping up with some light-hearted NFL predictions.

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/OPERATIONAL RISKSCyber incident response planning essentials Communication strategies for cyber incidents Legacy system conversion nightmaresNCUA's helpful approach to cybersecurity findings Core system conversion best practices

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/NCUA recently posted new guidance on how to start an exam efficiently — and for many credit unions, it couldn’t come at a better time.In this episode of With Flying Colors, Mark Treichel is joined by Todd Miller, Steve Farrar, and Dennis Bauer to break down what’s in the guidance, why it was issued, and how credit unions can put it into practice. With over 120 years of combined NCUA and credit union leadership experience, they share practical steps to streamline exam prep, avoid duplicate requests, and manage the growing number of specialists.You’ll learn:Why NCUA may be tightening its exam process — and what’s driving the changeThe importance of a “gatekeeper” role to coordinate all examiner requestsHow offsite exams and specialist involvement can create inefficiencies (and how to counter them)The behind-the-scenes impact of staff losses and policy changes at NCUATips to avoid last-minute scrambles and make your exam go smootherWhether you’re a CEO, CFO, risk manager, or board member, this conversation will give you actionable insights to protect your time and your team’s sanity — while keeping your next exam on track.

The podcast delves into the complexities of the current interest rate environment impacting credit unions. It highlights shifts in yield curves and the effects of Federal Reserve policies and tariffs on investment strategies. Listeners learn about the growing role of Certificates of Deposit and the burden of unrealized losses in portfolios. There’s a deep dive into the burgeoning regulatory demands for stress testing, exploring how credit unions can balance compliance while managing their financial health in a volatile market.

www.marktreichel.comhttps://www.linkedin.com/in/mark-treichel/ETAIL CREDIT PERFORMANCE Student loan payment resumption impactMixed economic signals across states24 vs 26 states: unemployment trends Generational differences in borrowing behavior Venmo revolution: 85% of users under 40, $342B in Q1 transfers

Todd Miller, a former NCUA employee with 34 years of expertise in credit union examinations, shares invaluable insights. He discusses the often-overlooked power of appealing not just regulatory decisions but any concerns to the regional director. The conversation navigates effective communication strategies to reduce disputes during examinations. Miller highlights the importance of clarity and interpersonal dynamics, stressing that understanding personalities can play a crucial role in resolving conflicts. Practical tips for engaging effectively with examiners are also covered.

Dive into the deceptive world of fraud schemes targeting the elderly, particularly the insidious tactics of timeshare resale fraud. Discover the alarming rise of ATM jackpotting, where criminals exploit vulnerabilities to seize control of ATMs. Learn about the sophistication of skimming devices and the universal key vulnerabilities that make these crimes possible. This discussion emphasizes the urgent need for enhanced security measures in our financial systems.