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.A number of banks in America today are for sale or thinking about selling. That is why if you’re thinking of bank acquisitions, now is the moment to make the decision. To help you understand more the trends in credit union mergers and acquisitions, Mark Treichel chats with Michael Bell of Honigman LLP. Mike pioneered credit union bank purchases in 2008/09, handling a massive percentage of all credit union bank purchases. In this episode, they discuss bank acquisition trends, politics, branch acquisitions, credit union mergers, and more. Mike also offers advice on how best to play the field smart, giving you strategies as well as insights on how he has been helping clients throughout the years. Join this conversation to learn 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 best practices on vendor management and contract management with Subject Matter Expert Brent Lapp of Strategic Resource Management (SRC). SRM (Strategic Resource Management) has been selected by more than 700 financial institutions to advise in areas such as payments, digital banking, core processing, and operational efficiencies. The company has unlocked billions of dollars in value and improved the competitive advantage of its clients with a reputation for industry-leading subject matter expertise, a proprietary benchmark database, and proven negotiating skills. Visit https://www.srmcorp.com for more information and follow the company @SRMCorp.

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 Board Approves Threshold for Determining the Appropriate Supervisory OfficeNCUA raised the threshold of who reports to the Office of National Exams & Supervision to $15B. NCUA makes it clear this is not regulatory relief and simply a budget saver. In this episode I talk about the missed opportunity for reg relief and whether or not this is really a budget saver (the devil is in the details).The NCUA Board approved final that amends the NCUA’s regulations to change the $10 billion asset threshold for assigning federally insured credit unions to the Office of National Examinations and Supervision (ONES).“With the rapid balance sheet growth across the credit union system since the onset of the pandemic, especially for the largest of credit unions, recalibrating the threshold was always a question of when, not if,” Chairman Harper said. “Approval of the final rule is a significant acknowledgement of the industry’s ongoing maturation and the evolving role the NCUA plays in supervising and insuring our nation’s largest credit unions. This change provides for new development opportunities for examiners, providing a smoother transition for consumer credit unions that will eventually transfer to ONES’ supervision, and enhancing knowledge sharing and expertise between ONES and regional staff.”Effective January 1, 2023, credit unions with assets between $10 billion and $15 billion will be supervised by their appropriate Regional Office. All credit unions above $10 billion in assets currently supervised by ONES will continue to be supervised by that office under the final rule. Credit unions that cross the $15 billion threshold will by supervised by ONES. The proposed rule does not alter any other regulatory requirements for credit unions covered under these regulations.ONES began operations in 2013 and oversees the largest and most complex credit unions in the credit union system. It also supervises the corporate credit union system.https://www.youtube.com/watch?v=bj7kUqbc2o4&t=3938swww.marktreichel.com

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.Everything you need to know about Document of Resolutions.NCUA's guidance to you and staff are located in the Examiner's Guide, National Supervision and Policy Manual, and Letter to Credit Unions.I discuss this guidance and what it means for you.https://www.ncua.gov/files/publications/guides-manuals/national-supervision-policy-manual.pdfhttps://www.ncua.gov/regulation-supervision/letters-credit-unions-other-guidance/examination-report-modernization

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 uses both informal and formal Enforcement Actions when conducting exams. In NCUA's 2021 Annual Report they provide chart with five years of trends on Enforcement Actions - WHICH ARE WAY DOWN FROM 2017. In this episode I provide my take on why this trend is occuring and where it may go from here.

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.Per NAFCU:Administrative agencies – including the NCUA and CFPB – have released their spring regulatory agendas, which include several NAFCU and credit union advocacy priorities, as well as already introduced or included items on previous rulemaking agendas.Here are a few notable items included on the agencies’ spring rulemaking agendas:NCUADigital Assets and Related Technologies: Scheduled for December 2022, the NCUA will propose a final rule on decentralized finance and digital assets as they relate to the credit union industry. The agency will consider both the comments on the Request for Information and the recent executive order in evaluating what if any proposals should be forthcoming. NAFCU’s Digital Assets Working Group meets regularly to discuss digital assets updates.Fintech: A fintech proposed rule that Board Member Hood has been championing to provide more flexibility for a credit union to take advantage of advanced technologies and opportunities offered by the fintech sector, has been scheduled for September 2022. NAFCU has urged regulators to ensure a level-playing field between credit unions and fintechs.ACCESS Initiative: Scheduled for September 2022, the NCUA Board is considering the issuance of a proposed rule to amend its chartering and field of membership regulations that would remove outdated requirements, simplify the charter approval process, and clarify regulatory language. NAFCU has been a strong proponent of such amendments.Cybersecurity: The NCUA is reviewing the federal banking agencies' November 2021 rulemaking titled, ‘Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers,’ and may issue similar requirements for the credit union system this summer.

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.I am hearing from several directions that Net Economic Value (NEV) High and Extreme Risk Ratings are Surging. In this episode we discuss what NCUA is doing about it and what that means for you. NCUA Chairman Todd Harper recently stated "The NCUA is aware of industry concerns about how examiners will supervise for market risk, given rising interest rates. Interest-rate risk has long been a supervisory priority for the NCUA. We know that credit unions have planned accordingly for changes in interest rates over the years, even more so since the last update in the NCUA’s supervisory procedures in 2017.The NCUA, as a result, is now developing guidance for examiners on how to work with credit unions whose sensitivity to market risk and other risks has increased due to the ongoing uptick in interest rates and related economic uncertainty. We will continue to treat all credit unions equitably during the examination process in the months ahead."What form might this guidance take? Give a listen to hear my thoughts.

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.Simply put, credit risk is the risk of loss due to a borrower not repaying a loan. Today, Mark Treichel interviews subject matter expert Vin Vieten on rating credit risk. Why did NCUA make it a Regulatory requirement in $723.4(g)? Credit risk ratings must be assigned to commercial loans at inception and reviewed as frequently as necessary to satisfy the federally insured credit union's risk monitoring and reporting policies, and to ensure adequate reserves as required by generally accepted accounting principles (GAAP). Tune in and learn all this and more. If you are someone who is thinking about getting into commercial lending, this is an episode you don’t want to miss.

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 Board meeting today discusses the exam survey pilot and talks about what regulations are coming soon.

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.Everyone needs to start assessing their risks, especially in a post-pandemic environment. Enterprise risk management is the process of identifying potential risks to the achievement of strategic objectives. And implementing an ERM program at a credit union does come with advantages. In this episode of With Flying Colors, Mark Treichel interviews David Seibert, an Enterprise Risk Management Expert, about all things ERM. David is also the President, Owner, and Chief Risk Officer of David Seibert Consulting. Listen in as they discuss the principles of ERM and why it helps crystalize strategy efforts. Also, discover why National Credit Union Administration (NCUA) responds positively to credit unions with a strong ERM structure. Start assessing your risks with David today!