N C U A’s Advanced Notice of Proposed Rulemaking on Records Preservation Program

Credit Union Regulatory Guidance Including: NCUA, CFPB, FDIC, OCC, FFIEC

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

This episode of Samantha Shares focuses on the NCUA's Advanced Notice of Proposed Rulemaking regarding updates to its Records Preservation Program regulations and Catastrophic Act Preparedness Guidelines, aiming to solicit comments for improvement. It highlights the need for feedback on the outdated Part 749 regulations, detailing the current standards for records preservation among credit unions and the request for comment on vital records definitions, retention practices, and additional guidance to ensure effective recordkeeping and disaster preparedness. The NCUA seeks to modernize and clarify these regulations to aid credit unions in maintaining crucial records for business continuity and member service. The podcast is sponsored by Credit Union Exam Solutions Incorporated, offering expertise in NCUA examination preparation.

00:00 Welcome and Introduction
00:02 Overview of the ANPR and Sponsorship
00:54 Deep Dive into the ANPR
06:28 Request for Comments and Feedback
12:58 Conclusion and Contact Information

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.