NCUA's April 2024 Board Meeting Podcast Style
www.marktreichel.com
https://www.linkedin.com/in/mark-treichel/
https://www.linkedin.com/in/mark-treichel/
NCUA April 2024 Board Meeting
In this episode of Samantha Shares, the focus is on the April 2024 Board Meeting of the National Credit Union Administration (NCUA). Notably, this meeting addressed a sole agenda item: the Advanced Notice of Proposed Rulemaking for Part 749, concerning the Records Preservation Program and its appendices. The discussion highlighted the need for clarity and updates to the existing regulations, particularly to assist small credit unions with record retention guidelines and catastrophic act preparedness. Contributions from various NCUA offices were acknowledged, with staff members providing insights on the significance of record preservation for credit unions, especially in the wake of natural disasters or unforeseen events. The meeting welcomed newcomer Renita Murselin and emphasized the agency's mission to protect consumers and ensure the safety of the Share Insurance Fund. It also invited public comment and suggestions on improving the clarity and efficiency of record retention practices, reflecting the NCUA's commitment to staying adaptive and responsive to the needs of credit unions and their members.
00:00 Welcome to Samantha Shares: NCUA April 2024 Board Meeting Overview
00:25 Sponsor Highlight and Additional Resources
00:55 NCUA Board Meeting Begins: Agenda and Introductions
01:50 In-Depth Discussion on Records Preservation Program
13:06 Board Members' Remarks and Discussion on Regulatory Impact
30:31 Closing Remarks and Adjournment
In this episode of Samantha Shares, the focus is on the April 2024 Board Meeting of the National Credit Union Administration (NCUA). Notably, this meeting addressed a sole agenda item: the Advanced Notice of Proposed Rulemaking for Part 749, concerning the Records Preservation Program and its appendices. The discussion highlighted the need for clarity and updates to the existing regulations, particularly to assist small credit unions with record retention guidelines and catastrophic act preparedness. Contributions from various NCUA offices were acknowledged, with staff members providing insights on the significance of record preservation for credit unions, especially in the wake of natural disasters or unforeseen events. The meeting welcomed newcomer Renita Murselin and emphasized the agency's mission to protect consumers and ensure the safety of the Share Insurance Fund. It also invited public comment and suggestions on improving the clarity and efficiency of record retention practices, reflecting the NCUA's commitment to staying adaptive and responsive to the needs of credit unions and their members.
00:00 Welcome to Samantha Shares: NCUA April 2024 Board Meeting Overview
00:25 Sponsor Highlight and Additional Resources
00:55 NCUA Board Meeting Begins: Agenda and Introductions
01:50 In-Depth Discussion on Records Preservation Program
13:06 Board Members' Remarks and Discussion on Regulatory Impact
30:31 Closing Remarks and Adjournment
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.