How to Charter a New Credit Union with Keith Stone and Rick Mumm
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Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone!
https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10
Check out our website:
https://calendly.com/cuexamsolutions/talk-to-mark-about-any-exam-topic?month=2024-10
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 passers its exam with 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.
Guests:
- Keith Stone, CEO of The Finest Federal Credit Union and New Jersey PBA Federal Credit Union
- Rick Mumm, former NCUA examiner and credit union consultant
Key Points:
- Keith Stone discusses his background in credit unions, including chartering The Finest FCU for law enforcement in New York in 2014-2015
- Rick Mumm shares his 35+ year career at NCUA, including work in chartering and field of membership
- They discuss the process of chartering the new New Jersey PBA Federal Credit Union, set to open next month
- Key challenges in chartering a new credit union:
- Proving the concept/need for the credit union
- Securing initial capital funding
- Navigating NCUA's chartering process and requirements
- Benefits of having experienced help to "speak NCUA's language" and present information properly
- Importance of having a committed sponsor group and sufficient capital to start
- How The Finest FCU is leveraging shared services to support the new NJ PBA FCU
- Keith's work with new NYPD recruits, offering low-rate loans for equipment
- Their mission to provide better financial services for law enforcement
Contact Info:
Keith Stone: 646-661-1331
Rick Mumm: rick@rcuservices.com
- Keith Stone, CEO of The Finest Federal Credit Union and New Jersey PBA Federal Credit Union
- Rick Mumm, former NCUA examiner and credit union consultant
Key Points:
- Keith Stone discusses his background in credit unions, including chartering The Finest FCU for law enforcement in New York in 2014-2015
- Rick Mumm shares his 35+ year career at NCUA, including work in chartering and field of membership
- They discuss the process of chartering the new New Jersey PBA Federal Credit Union, set to open next month
- Key challenges in chartering a new credit union:
- Proving the concept/need for the credit union
- Securing initial capital funding
- Navigating NCUA's chartering process and requirements
- Benefits of having experienced help to "speak NCUA's language" and present information properly
- Importance of having a committed sponsor group and sufficient capital to start
- How The Finest FCU is leveraging shared services to support the new NJ PBA FCU
- Keith's work with new NYPD recruits, offering low-rate loans for equipment
- Their mission to provide better financial services for law enforcement
Contact Info:
Keith Stone: 646-661-1331
Rick Mumm: rick@rcuservices.com
