Credit Union Exam Solutions Presents With Flying Colors Mark Treichel's Credit Union Exam Solutions

Conquering Redlining and Achieving Fair Lending in Credit Unions
In this episode of 'With Flying Colors', host Mark Treichel invites Tori Hagerty to discuss the challenges and solutions surrounding redlining in American communities and its impact on fair lending practices. Hagerty, with a background in FDIC examination and the founder of Tuscan Club Consulting, shares insights from his career and his new book 'Thick Red Line'. The conversation delves into the history of redlining, the importance of education, and strategies for credit unions to improve their lending practices. Hagerty emphasizes the need for deliberately anti-racist policies, community needs assessments, the formation of community partnerships, and the development of special credit programs to combat redlining. The podcast also addresses the roles of appraisal bias and real estate agents in perpetuating discrimination and suggests practical steps for credit unions to identify and rectify blind spots in their services.
00:00 Maximizing Success with NCUA: Insider Tips and Resources00:44 Introducing Tori Hagerty: Insights on Fair Lending and Redlining05:05 Deep Dive into Redlining: History, Impact, and Solutions07:52 Identifying and Addressing Redlining: Strategies for Financial Institutions12:46 The Role of Advertising in Combating Redlining15:41 Exploring Solutions: From Community Engagement to Special Credit Programs20:27 Appraisal Bias and Its Connection to Redlining30:08 The Broader Impact of Discrimination in Lending and the Path Forward34:27 Closing Thoughts and Resources

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

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

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

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 feedback from credit unions on their record storage practices and the financial and logistical burdens they face. The episode underscores the importance of the NCUA providing clear guidelines to help credit unions efficiently manage records without unnecessary costs or efforts. Treichel supports Hauptman's initiative, seeing it as a beneficial move for smaller credit unions, though he cautions about other regulatory pressures that may contradict these efforts. The episode concludes with Treichel encouraging audience feedback on the rulemaking process and sharing hopes for a future where regulations are more aligned with the operational realities of small credit unions.
00:00 Maximizing Success with NCUA: Insider Tips and Support00:35 Introducing a New Approach to the Podcast00:40 NCUA's Proposed Rulemaking on Records Retention01:19 Insights from the NCUA Board Meeting and Remote Participation01:49 Vice Chairman Kyle Hauptman's Advocacy for Small Credit Unions03:37 Exploring the Advanced Notice of Proposed Rulemaking Questions08:10 A Deep Dive into Vice Chairman Houtman's Remarks19:42 Concluding Thoughts on NCUA's Impact on Small Credit Unions21:32 Signing Off with a Call for Future Engagement

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 for growth and expansion. The conversation also delves into the importance of preparing efficient applications for credit union changes or expansions to avoid common pitfalls. Mumm's consultancy services, aimed at helping credit unions navigate regulatory landscapes successfully, are highlighted, offering a glimpse into the vast expertise he brings to the credit union industry. The episode is packed with valuable tips for credit union leaders seeking to maximize their success in a complex regulatory environment.
00:00 Welcome to the Classic Episode on Credit Unions00:31 Navigating the NCUA's Upcoming Board Meeting01:23 Insider Tips for Credit Union Success with NCUA02:15 Deep Dive into Field of Membership with Rick Mumm05:50 Exploring the Nuances of Field of Membership06:57 The Intricacies of Trade, Industry, and Profession Credit Unions12:26 Understanding Low Income Designations and Underserved Areas16:55 The Process and Challenges of Credit Union Mergers21:33 Bylaws and Amendments: Navigating the Regulations24:45 Expanding Services: New Charters and Share Insurance25:39 Leveraging Expertise for Efficient Credit Union Management29:31 Closing Remarks and Contact Information