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Credit Risk Is Priority One
Manage episode 440721741 series 3303439
Sisällön tarjoaa Mark Treichel and Mark Treichel's Credit Union Exam Solutions. Mark Treichel and Mark Treichel's Credit Union Exam Solutions tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
Title: Credit Risk - NCUA's Top Exam Priority for 2024
Key Points:
- Credit risk is NCUA's #1 exam priority for 2024
- Economic conditions are changing the credit risk environment
- Trends show weakening credit quality and increasing delinquencies
- Consumers have fallen behind inflation for over 2 years
- NCUA is directing credit unions back to credit risk management fundamentals
- Examiners will review lending programs, risk management practices, loan modifications, collections, and allowance for credit losses
Guests:
- Steve Farrar - Former NCUA problem case officer and VP of Central Liquidity Facility
- Todd Miller - Former NCUA examiner, capital markets specialist, and director of special actions
Additional Notes:
- Episode discusses NCUA's 2024 Letter to Credit Unions on exam priorities
- Compares credit risk priority to previous years
- Analyzes economic factors impacting credit risk like inflation, income growth, unemployment
- Mentions potential issues in commercial real estate
- Discusses implementation of CECL accounting standard
- Notes NCUA's focus on concentration risk justification
The show notes summarize the key points and guests from the episode while avoiding any direct quotes or reproduction of copyrighted material.
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