Credit Union Exam Solutions Presents With Flying Colors

Experts Steve Farrar and Todd Miller discuss the rise in Letters of Understanding in credit unions. They cover the significance, implications of non-compliance, negotiation strategies, and the importance of clear communication between board and management.

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.https://ncua.gov/newsroom/press-release/2024/1st-choice-credit-union-conservedhttps://www.linkedin.com/in/mark-treichel/www.marktreichel.com

Join Steve Farrar, a former NCUA insider with 30+ years in problem case management, and Todd Miller, a nearly 35-year NCUA veteran, as they explore the nuances of NCUA examinations. They discuss the implications of declining CAMEL codes and the importance of understanding examiner findings as indicators of systemic issues. The pair emphasizes proactive management of document resolutions and the critical roles of communication and governance in navigating regulatory expectations. Their insights promise to demystify the exam process for credit unions.

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.For the 10th or 11th quarter in a row, NCUA reports that CAMELS code ratings get worse AGAIN.Follow me on Linkedin:https://www.linkedin.com/in/mark-treichel/https://www.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.In this episode of With Flying Colors, host Mark Treichel talks with Chris Call, CEO of North Bay Credit Union in California, about the challenges and developments in banking for the cannabis industry. Since California legalized recreational cannabis in 2017, North Bay Credit Union has successfully banked cannabis operators, growing its portfolio and expanding services nationwide. They discuss the evolution of cannabis banking, the impact of regulatory changes, and the implications of recent DEA announcements on the industry. The conversation also covers the Safe Banking Act, the process and significant hurdles for financial institutions in cannabis banking, and the potential effects of rescheduling cannabis on research, investment, and the overall industry. Chris Call highlights the ongoing complexities of cannabis banking despite possible legal and regulatory reforms, emphasizing that a complete normalization of the cannabis economy still faces several challenges.00:00 Maximizing Success with NCUA: Insider Tips00:40 Special Guest Introduction: Chris Call, CEO of North Bay Credit Union01:19 The Evolution of Cannabis Banking in California02:28 Challenges and Learnings in Cannabis Banking06:37 Expanding Services: The Journey into Cannabis Lending09:12 Navigating the Legislative Landscape: Safe Banking Act and DEA Announcements14:24 The Future of Cannabis Banking and Industry Impact20:47 Closing Thoughts and Future Prospects

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.Here is a link to NCUA's Briefing on the insurance fund:https://ncua.gov/files/agenda-items/share-insurance-fund-board-briefing-20240522.pdfMy Linkedin:https://www.linkedin.com/in/mark-treichel/

Tory Haggerty, fair lending expert, discusses redlining challenges and solutions in credit unions. Topics include history of redlining, anti-racist policies, community partnerships, appraisal bias, and practical steps for credit unions to combat discrimination.

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.https://www.linkedin.com/in/michaelmbell/https://www.honigman.com/In this episode of With Flying Colors, host Mark Treichel is joined by Mike Bell of Honigman to discuss current trends in credit union acquisitions and strategies for achieving success with the National Credit Union Administration (NCUA). They cover a wide range of topics, including the increasing activity in whole bank acquisitions, bank branch transactions, and the purchase of ancillary businesses such as title companies by credit unions. Mike emphasizes the opportunities present in the current economic cycle for credit unions to expand and adapt through acquisitions, highlighting the advantage of cash transactions in today’s market. They also touch upon the concept of mergers of equals among larger credit unions as a noticeable trend. Additionally, Mike Bell provides an overview of his work in facilitating these transactions across the credit union industry, offering insights into the processes and strategies that lead to successful acquisitions. The episode aims to educate listeners on the evolving landscape of credit union acquisitions and the potential for growth and efficiency gains through strategic mergers and purchases.00:00 Maximize Your Success with NCUA: Insider Tips00:39 Special Guest Mike Bell: Insights into Credit Union Growth02:14 The Surge in Credit Union Acquisitions and Market Dynamics04:34 Navigating Regulatory Landscapes and Strategic Advantages08:33 Exploring Branch Purchases and Community Impact13:55 Diving into Ancillary Business Acquisitions17:49 Strategic Considerations for Credit Union Expansion23:03 Trends and Opportunities in the Credit Union Space25:12 Connecting with Industry Experts27:02 Closing Remarks and Future Episodes

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 of 'With Flying Colors', host Mark Treichel discusses upcoming compensation regulation rumors, highlights the importance of governance in credit unions, and introduces listeners to guidance resources. The episode features a comprehensive discussion with Vin Vieten, a commercial lending expert, focusing on the intricacies of rating credit risk for commercial member business loans and the significance of an accurate, dynamic credit risk rating system. Treichel and Vieten also discuss the importance of governance, monitoring, and regulatory compliance in sustaining healthy lending practices. Additionally, the episode touches on the rumored regulations aimed at curbing Wall Street pay, stemming from conversations on Twitter (formerly known as X), and emphasizes the critical role of governance as observed in credit union operations.00:00 Welcome and Episode Overview00:04 Upcoming Compensation Regulation Discussion00:12 Governance Update and Guidance00:18 Classic Rewind: Rating Credit Risk on Commercial Loans04:32 Deep Dive into Credit Risk Rating Systems30:46 Exploring Resources for Improving Credit Risk Ratings33:10 Closing Thoughts and Future Topics

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 of With Flying Colors, host Mark Treichel and guest Mike Macchiarola, from Olden Lane, delve into strategies for passing NCUA exams and optimizing credit union operations. They discuss the roles of Olden Lane in supporting credit unions, trends in subordinated debt and M&A activities, insights from the NCUA's 2023 annual report, and the impact of the macroeconomic environment on credit unions. Key themes include the increasing importance of cybersecurity, the potential for regulatory changes affecting third-party service providers, the leverage of AI and emerging technologies, and the critical role of low-income credit unions (LICUs) in the industry. The conversation also touches on challenges such as shifts in demographic trends, cyberattacks, and the need for credit unions to adapt business models in response to changing regulations and economic conditions. Additionally, it addresses the importance of credit unions staying informed and proactive in a rapidly evolving market.00:00 Maximizing Success with NCUA: Insider Tips and Strategies00:39 Introducing Mike Macchiarola and Olden Lane's Impact on Credit Unions03:13 Deep Dive into NCUA's 2023 Annual Report: Key Observations and Trends04:46 Exploring the Challenges of the Macroeconomic Environment for Credit Unions13:09 The Rising Focus on Consumer Protection and Its Implications for Credit Unions19:31 Navigating Third Party Service Provider Oversight and Regulatory Challenges24:07 The Role and Benefits of LICU Designation for Credit Unions25:01 Exploring Regulatory Relief and Low-Income Credit Union Status25:53 The Impact of NCUA Enforcement on Credit Unions26:39 Theoretical Changes and Industry Perspectives27:58 Insights from Former NCUA Chairman Rodney Hood28:19 Trends and Predictions in Credit Union Consolidations and Mergers28:52 Navigating the Post-Pandemic Economic Landscape32:48 The Challenges and Opportunities in Commercial Real Estate35:48 Cybersecurity in the Credit Union Sector40:40 Emerging Technologies and AI in Credit Unions49:35 Final Thoughts and Contact Information