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 welcomes Dan Berger, the CEO of the National Association of Federally-Insured Credit Unions, to discuss NAFCU's 2023 advocacy priorities. They touch on the organization’s growth opportunities, technology and innovation, regulatory relief, fair market, and data protection. Dan explains the ideal approach in hiring the best team, particularly after the impact of the Great Resignation. Mark and Dan also tap into the importance of data protection in today’s digital age, the tax exempt status of credit unions, the right size of the NCUA board, and a lot more. Tune in to this episode and look forward to NAFCU’s vision and mission for 2023.

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.Sam Brownell of CUCollaborate made this post on LinkedIn last week:I am thrilled to announce that CUCollaborate is incubating its first CUSO to pursue "the best idea I have ever had" and that I have successfully recruited Paul Matsui to lead it for us.The CUSO leverages credit unions' superior pricing to help patients more easily manage their healthcare expenses. Rather than financing medical debt itself, the CUSO uncovers alternative debt expense reduction opportunities that help patients pay off their medical bills successfully without increasing monthly cash outlays or making painful sacrifices. By establishing a meaningful partnership between credit unions and healthcare providers, we will foster healthier, wealthier, and more equitable communities.The CUSO is fundamentally a healthcare facing company, so I have been lucky enough to recruit Paul Matsui who has over 20 years of experience working with healthcare providers to lead the organization. Most recently, Paul served as Chief Strategy Officer and Chief of Staff at Socially Determined a software and analytics company focused on elevating health equity and outcomes through the quantification and stratification of social risk.Previously, Paul spent 19 years at the Advisory Board (with my wife Megan Brownell) serving as Executive Director of its data analytics research and technology business, where he was accountable for developing a software ecosystem aimed at the firm's 2,000+ hospital and health system clients.Earlier in his career, Paul spent six years as an equity research analyst, covering a wide range of companies in the biotechnology, medical device, and medical technology supply sectors on behalf of Smith Barney Citi, Goldman Sachs, and U.S. Bancorp Investments, Inc. Piper Jaffray.Beginning his career as a bench scientist, Paul worked in labs at the Whitehead Institute for Biomedical Research at Massachusetts Institute of Technology and Harvard Medical School. He holds an AB degree in biochemistry and molecular biology from Harvard University.If you are interested, we would like to schedule some time for Paul and I to present the opportunity to you and see if it something that your credit union would be interested in helping launch. What day and time would work best for you?

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.NCUA's Examination reports all state that the exam report documents our conclusions and agreed upon corrective actions.So what does agreed upon mean?It means you need to see it before it is final. Sadly that doesn't always happen.While NCUA has improved their appeal process, formal appeal is still a PAIN.NCUA encourages you to have an immediate dialogue - but what should you do if they are non-responsive?We discuss that and more in this episode.In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about:An examination that did not go as well as you hopedAn Examination that is in process right nowAn examination that is coming soonResponding to an NCUA or state examinationAssessing a letter to you from your Regional Director or State RegulatorSeeking NCUA or State Regulator approval for an action you desire to takeAssessing actions you will take in response to a Document of ResolutionReceiving a Letter of Understanding and AgreementDocument of Resolution (DOR) IssuesExaminer FindingsSupplementary FactsCAMEL Code DowngradesCapital AdequacyAsset QualityManagement CodeEarningsLiquidity CodeSensitivity CodeCommercial Lending MBL IssuesInterest Rate Risk (IRR)Net Economic Value (NEV)Secondary CapitalSubordinated DebtExit Conference / Joint Conference ChallengesFair Lending Exam IssuesField of Membership (FOM) ExpansionsCECL IssuesAppealsReputation RiskNet Worth Restoration Plans (NWRP)Credit riskInterest rate riskLiquidity riskTransaction riskStrategic riskReputation riskCompliance riskNCUA's Large Credit Union ProgramTransition to the Office of National Examinations and Supervision (ONES)CFPBStrategic PlanningSafety and SoundnessSupervisory CommitteeCorporate GovernanceBank Secrecy Act (BSA)NCUA Examination PrioritiesNCUA's Examination GuideNational Supervision Policy ManualBank PurchasesLetters to Credit UnionsNCUA Regulations Reach out today to discuss how I can assist you and your credit union.For details on the 2017 regulation change on appeals see the text below:Appeals Process for Agency Decisions ImprovedThe process of appealing agency decisions to the NCUA Board will be more efficient, consistent, and transparent under a final rule (new Part 746, Subpart B) approved by the Board.Several current NCUA regulations include an embedded appeals process, but the new rule will replace those provisions with a uniform, comprehensive set of procedures that will apply in cases in which a decision by a regional director or other program office director is appealed to the Board.The new rule will affect appeals of decisions in areas including chartering and field of membership, investment authority, conversions and mergers, creditor claims in liquidations, and share insurance determinations. Certain areas, such as formal enforcement actions, prompt corrective action, and material supervisory determinations, would not be covered under the new rule.

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.A look back at 2022 in Credit Unions, NCUA, and With Flying Colors - and a Look ahead at the opportunities and challenges in 2023.NCUA will soon act on Field of Membership, the NCUA Exam Priorities, Annual Operating Plan, and Climate-Related Financial Risks.I am The NCUA Interpreter. I Assist You with NCUA So You Save Time & Money. Former NCUA Executive Director & Examiner. Host of With Flying Colors Podcast.I can help if you are currently dealing with or thinking about:An examination that did not go as well as you hopedAn Examination that is in process right nowAn examination that is coming soonResponding to an NCUA or state examinationAssessing a letter to you from your Regional Director or State RegulatorSeeking NCUA or State Regulator approval for an action you desire to takeAssessing actions you will take in response to a Document of ResolutionReceiving a Letter of Understanding and AgreementDocument of Resolution (DOR) IssuesExaminer FindingsSupplementary FactsCAMEL Code DowngradesCapital AdequacyAsset QualityManagement CodeEarningsLiquidity CodeSensitivity CodeCommercial Lending MBL IssuesInterest Rate Risk (IRR)Net Economic Value (NEV)Secondary CapitalSubordinated DebtExit Conference / Joint Conference ChallengesFair Lending Exam IssuesField of Membership (FOM) ExpansionsCECL IssuesAppealsReputation RiskNet Worth Restoration Plans (NWRP)Credit riskInterest rate riskLiquidity riskTransaction riskStrategic riskReputation riskCompliance riskNCUA's Large Credit Union ProgramTransition to the Office of National Examinations and Supervision (ONES)CFPBStrategic PlanningSafety and SoundnessSupervisory CommitteeCorporate GovernanceBank Secrecy Act (BSA)NCUA Examination PrioritiesNCUA's Examination GuideNational Supervision Policy ManualBank PurchasesLetters to Credit UnionsNCUA Regulations https://www.marktreichel.com/https://www.linkedin.com/in/mark-treichel/

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.Credit union mergers are essential to everyone in a business, from the board of directors, the staff, down to the members themselves. When a merger happens, every aspect of the operation still needs to run smoothly, and an inclusive culture must continue to be implemented. Learn how credit union mergers should be executed, the best way to find the right business partner, how your branding should look like, and more. Join Mark Treichel as he interviews the author of NAFCU's Merger Manual, Mike Lussier. Mike also is the CEO of Webster First Federal Credit Union. Together, they discuss a myriad of merger topics, such as considerations for:·        staff·        members·        boards of directors·        advertising·        off-balance sheet liabilities·        system conversions·        branches·        and much more!

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.Rick Mumm worked at NCUA for 34 years with most of that time being assigned to Field of Membership and new charters. We discuss the changes NCUA made in 2022 on FOM and more.In 33 years at NCUA I served as Executive Director, Regional Director, Director of Special Actions, Supervisory Examiner, and Principal Examiner. I began at the ground level as an examiner. I rose to the top. As Executive Director I supervised your Regional Director. I know how NCUA thinks and why they think it. I know the examination process inside and out. I know how to communicate and negotiate with NCUA. I know how to get NCUA to YES instead of NO. I can help if you are currently dealing with or thinking about:An examination that did not go as well as you hopedAn Examination that is in process right nowAn examination that is coming soonResponding to an NCUA or state examinationAssessing a letter to you from your Regional Director or State RegulatorSeeking NCUA or State Regulator approval for an action you desire to takeAssessing actions you will take in response to a Document of ResolutionReceiving a Letter of Understanding and AgreementDocument of Resolution (DOR) IssuesExaminer FindingsSupplementary FactsCAMEL Code DowngradesCapital AdequacyAsset QualityManagement CodeEarningsLiquidity CodeSensitivity CodeCommercial Lending MBL IssuesInterest Rate Risk (IRR)Net Economic Value (NEV)Secondary CapitalSubordinated DebtExit Conference / Joint Conference ChallengesFair Lending Exam IssuesField of Membership (FOM) ExpansionsCECL IssuesAppealsReputation RiskNet Worth Restoration Plans (NWRP)Credit riskInterest rate riskLiquidity riskTransaction riskStrategic riskReputation riskCompliance riskNCUA's Large Credit Union ProgramTransition to the Office of National Examinations and Supervision (ONES)CFPBStrategic PlanningSafety and SoundnessSupervisory CommitteeCorporate GovernanceBank Secrecy Act (BSA)NCUA Examination PrioritiesNCUA's Examination GuideNational Supervision Policy ManualBank PurchasesLetters to Credit UnionsNCUA Regulations Reach out today to discuss how I can assist you and your credit union.

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.Headlines are filled with challenges around FTX and stablecoin, making it seem like the industry won't be surviving or worth looking into anymore. But does it really mean that these products should be ignored? In this episode, Mark Treichel interviews Patti Wubbels, an Educational speaker and writer on Digital Assets, Cryptocurrency, DLT/Blockchain and DeFi in the Financial Industry, Consulting on Cost Savings, Revenue Growth and Process Efficiencies, and more! When it comes to vendor selection, Patti is the person to look for expert advice. Tune in and learn why blockchain and cryptocurrency products are still very much worth looking into despite the negative headlines about the industry!

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.Last Week In Credit Unions TodayHarper on vendor authorityhttps://www.americanbanker.com/opinion/credit-union-members-deserve-the-same-protection-as-bank-customers?utm_medium=email&utm_source=NCUAgovdeliveryCredit union members deserve the same protection as bank customers With that statutory expiration, the NCUA lacks the same authority that all other federal banking regulators have to oversee and examine the vendors that depository institutions use for critical services like information technology, loan underwriting, payments and mortgage originations. As a result, the credit union system is vulnerable to exploitation by the cybercriminals, terrorist financiers, fraudsters and other lawbreakers who threaten our nation's economic security and the financial well-being of our citizens.ECIPhttps://home.treasury.gov/policy-issues/coronavirus/assistance-for-small-businesses/emergency-capital-investment-programRichmond City Conservatorshiphttps://ncua.gov/newsroom/press-release/2022/richmond-city-employees-federal-credit-union-conservedBoard Agenda:ACTION ITEM: The NCUA Board’s approval of a proposed rule to amend the NCUA’s rules relating to loan participations and eligible obligations.SUMMARY: The proposed rule would amend the NCUA’s rules regarding the purchase of loan participations and the purchase, sale, and pledge of eligible obligations and other loans (including notes of liquidating credit unions). The proposed rule is intended to clarify the NCUA’s current regulations and provide additional flexibility for federally insured credit unions to make use of advanced technologies and opportunities offered by the financial technology sector. The proposal would also make conforming amendments to the NCUA’s rule regarding loans to members and lines of credit to members by adding new provisions regarding indirect lending arrangements and indirect leasing arrangements.Finally, the proposal would make other conforming changes and technical amendments in other sections of the NCUA’s regulations.ACTION REQUESTED: Board approval of the 2023 – 2024 operating budget, capital budget, and Share Insurance Fund administrative budget.RECOMMENDED ACTIONS: As detailed in the staff draft justification and modified by this board action memorandum, the NCUA Board approves: 1. The 2023 operating budget of $344,158,000 and 1,214 positions and the 2024 operating budget of $387,588,000 and 1,240 positions.FTX SBF ArrestedCUs, Banks May Exit Zelle if Required to Reimburse Scammed Users, NAFCU, Bank Trade Groups Say https://www.cutoday.info/Fresh-Today/CUs-Banks-May-Exit-Zelle-if-Required-to-Reimburse-Scammed-Users-NAFCU-Bank-Trade-Groups-SayWith Clock Ticking, NAFCU Reminds Congress of What It Would Like to Seehttps://www.cutoday.info/Fresh-Today/With-Clock-Ticking-NAFCU-Reminds-Congress-of-What-It-Would-Like-to-See

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.NASCUS, the National Association of State Credit Union Supervisors, is the body that advocates for a strong and healthy state credit union system. Its members include state regulatory agencies, credit unions, credit union leagues, and organizations that support the state credit union system. The NASCUS mission is to enhance state credit union supervision and advocate for a safe and sound credit union system. In this episode, I talk to NASCUS's CEO, Brian Knight. We discuss:·         NASCUS structure and membership,·         NASCUS Training Offerings,·         What might be coming in 2023 on the State and Federal Legislative Front,·         Trends in Credit Unions,·         And Much More.

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.In this episode I discuss:CFPB honing in on HELOCsNASCUS comments on onerous Sub-debt RuleCUNA and NAFCU comments on onerous member expulsionNCUA issues letter on virtual and in person board and member meeting requirementsNCUA Diversity Assessmentsand More on Crypto and FTX