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 feed ..read more

Navigating Credit Union Challenges and Opportunities with Rick Mumm In 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 fo ..read more

Navigating NCUA's Liquidity Landscape: Insights and Strategies In 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, wit ..read more

Empowering Credit Unions: Insights from Rodney Hood In 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 lend ..read more

Navigating Merger Madness in the Credit Union World In 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 Pa ..read more

Understanding the Appeal Process for Credit Unions In 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 episod ..read more

Treichel discusses several topics he predicts the NCUA board members will cover in their speeches such as consumer compliance, liquidity, and vendor authority. He also discusses the potential changes in NCUA's approach towards separate consumer compliance exams and scores, highlighting its impacts on credit unions. Furthermore, Treichel shares his views on the potential impact on the NCUA budget, increased credit union mergers due to raised administrative burdens, and the composition of NCUA's examination staff. He concludes by keeping an eye on the unfolding situation with Navy Federal Credit ..read more

With Flying Colors: Focus on Credit Risk In this episode, Mark Treichel invites Steve Farrar and Todd Miller to discuss the NCUA's focus on Credit Risk in its Letter to Credit Unions, as well as the impact of the current economic climate on credit unions and their clients. The hosts analyze various contributing factors to this issue, including increased loan delinquency, rising inflation, and changes in the job market. They debate the relationship between CECL and the state of the economy and express concerns about the consumer's current struggles relative to inflation and interest rates. The ..read more

Navigating Fair Lending in the Credit Union Sector: A Conversation with Dana Ginsberg This podcast transcript features Mark Treichel interviewing Dana Ginsberg from Compliance Tech on the hot topic of fair lending in the credit union industry. Ginsberg, who has been with Compliance Tech since 1998, shares her insights drawn from vast experience in studying fair lending, HMDA data, and CRA data, as well as working with lenders, regulatory agencies, and housing groups. She discusses the increased focus on fair lending by the National Credit Union Administration (NCUA), the importance of being pr ..read more

Mark highlights the increase in 'camel code threes,' primarily due to liquidity and interest rate risks among large institutions. Liquidity planning stands as crucial for financial institutions. Treichel discusses the CLF's role as a last resort for borrowings during a crisis. He draws attention to policy changes at NCUA, speculating a shift to having less frequent and less public board meetings. Further, he reveals how the NCUA plans to 'ladder out' their investments anticipating future rate decreases, before ending by informing listeners about the podcast's future episodes. 00:03 Introducti ..read more