))
NCUA's Letter on Examiner's Evaluation of Earnings
Manage episode 398318936 series 3543943
Kandungan disediakan oleh Credit Union Exam Solutions by Mark Treichel and Credit Union Exam Solutions Inc.. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Credit Union Exam Solutions by Mark Treichel and Credit Union Exam Solutions Inc. atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
www.marktreichel.com
https://www.linkedin.com/in/mark-treichel/
Understanding NCUA's Letter On the Evaluation of Earnings for Credit Unions
Samantha Shares explains the details and implications of NCUA's letter to credit unions on the Evaluation of Earnings in this episode. Despite the age of this letter, it is still utilized as a resource in NCUA examinations. Samantha delves into the critical role of earnings in credit unions, how they must balance safety and services, and the necessity of retaining earnings for maintaining net worth. She asserts how each credit union's earnings level should be evaluated based on their unique needs and economic trends and how Examiners evaluate earnings on case-specific basis with focus on quality, fit, direction and safety of the earnings structure. She concludes by emphasizing the importance of an open dialogue between credit union management and examiners, while proactively developing sound strategic plans.
00:00 Introduction and Sponsorship
00:55 Understanding Earnings in Credit Unions
03:30 Earnings Assessment Framework
07:19 Examiner Assessment of Earnings
09:25 Earnings Red Flags
11:40 Conclusion and Final Thoughts
Are 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 expertise
With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union achieves 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.
61 episod
Kongsi
