#103 NCUA CUSO Examinations: What You Need to Know
Download MP3The NCUA conducts onsite reviews in CUSOs presenting either potential systemic or individual credit union risk. Several factors, including the CUSO’s geographic footprint and types of services offered, are considered when deciding which CUSOs will receive an onsite review. The NSPM provides more specific information about the CUSO review process.
In this episode I discuss the nuances of a CUSO exam, whether it is part of a normal exam or an rare independent review.
I can help if you are currently dealing with or thinking about:
An examination that did not go as well as you hoped
An Examination that is in process right now
An examination that is coming soon
Responding to an NCUA or state examination
Assessing a letter to you from your Regional Director or State Regulator
Seeking NCUA or State Regulator approval for an action you desire to take
Assessing actions you will take in response to a Document of Resolution
Receiving a Letter of Understanding and Agreement
Document of Resolution (DOR) Issues
Examiner Findings
Supplementary Facts
CAMEL Code Downgrades
Capital Adequacy
Asset Quality
Management Code
Earnings
Liquidity Code
Sensitivity Code
Commercial Lending MBL Issues
Interest Rate Risk (IRR)
Net Economic Value (NEV)
Secondary Capital
Subordinated Debt
Exit Conference / Joint Conference Challenges
Fair Lending Exam Issues
Field of Membership (FOM) Expansions
CECL Issues
Appeals
Reputation Risk
Net Worth Restoration Plans (NWRP)
Credit risk
Interest rate risk
Liquidity risk
Transaction risk
Strategic risk
Reputation risk
Compliance risk
NCUA's Large Credit Union Program
Transition to the Office of National Examinations and Supervision (ONES)
CFPB
Strategic Planning
Safety and Soundness
Supervisory Committee
Corporate Governance
Bank Secrecy Act (BSA)
NCUA Examination Priorities
NCUA's Examination Guide
National Supervision Policy Manual
Bank Purchases
Letters to Credit Unions
NCUA Regulations
Reach out today to discuss how I can assist you and your credit union.