2023 NCUA Exam Priorities: A Bird’s Eye View
Tuesday, April 4, 2023, at 1 p.m. central time
Serving members may always be rewarding, but it’s not always easy. In times like these, with an economy in flux and banks suddenly and unexpectedly failing, your members have questions about the safety of their credit unions. Knowing where you’re going and what lies ahead is a large part of keeping their confidence and making their financial accounts safe and secure.
This also is true for your regulator. These days market threats also pose challenges for the National Credit Union Administration and its phalanx of examiners, one or more of whom will soon be knocking on your door with questions. Knowing their expectations in advance and how you may need to pivot to face those market challenges is something that can’t be ignored.
This ACUMA Fast Track webinar takes a close look at NCUA’s examination priorities for 2023 through the eyes of one of its leading regulators. ACUMA President Peter Benjamin, CMB, will be joined by Amanda Parkhill, NCUA’s Deputy Director of the agency’s Office of Examination and Insurance to take a bird’s eye view of what the regulator has in mind for what is quickly becoming a volcanic financial environment.
Discussion topics on the table this time include interest rate risk and credit risk, liquidity concerns, fair lending, and more. For credit union lending professionals — and anyone on the staff with regulatory compliance duties — this session will be critical for the safe operations of the institution and the ability to provide maximum service to your members. At the end of the day your examiner can become your ally, so take time for this session and learn just how to make that happen.
- This session will be interactive so come with your questions.
- Open to anyone.
- Session will be recorded.
- By registering for this event, you submit your information to the webinar organizer and sponsor, who will use it to communicate with you regarding this event and their other services.
Deputy Director, Office of Examination & Insurance, NCUA
Amanda Parkhill currently serves as the Deputy Director in NCUA’s Office of Examination and Insurance. Amanda started her career with NCUA in 2005 serving as a field examiner in Georgia and then a Problem Case Officer in California. Since 2011, Amanda has held various roles in the Office of Examination and Insurance including as Director for the Policy Division, where she oversaw the development and publication of internal and external policy and guidance. Prior to her selection as the Deputy Director, Amanda worked in the NCUA’s Office of the Executive Director, providing support to the Executive Director and Deputy Executive Director. Amanda received a bachelor’s degree in Economics from Eastern Michigan University and an M.B.A. from the University of Florida.
Peter J. Benjamin, CMB
Peter J. Benjamin, CMB is the President of the American Credit Union Mortgage Association (ACUMA). A mortgage professional with 20 years of experience, Benjamin has held various positions throughout the mortgage industry including Senior Vice President of Mortgage Lending for Lafayette Federal Credit Union in Rockville, MD. During his time at Lafayette Federal, Benjamin led a high-performing mortgage team that exceeded production and budget goals each year, reduced the Credit Union’s cycle times to the industry-required timeframes; and improved the credit union’s application pull-through rate. As an association, Benjamin wants to see ACUMA members continue to foster the collaborative spirit that has made the association so great and work together to support the American Dream of homeownership. He sees ACUMA as a vital education arm that helps Member Credit Unions gain market share in the mortgage industry.
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