Resources for Credit Unions
Here, you will find regulatory resources for credit union institutions only (note—some resources may apply to both credit unions and banks).
You can use the search box at the top of the page to view and identify specific resource content—as well as additional information throughout the site—by subject matter.
Videos of Interest (for Credit Unions)
Bart Smith discusses noteworthy regulatory updates for banks and credit unions. With the Financial Choice Act (FCA) moving through Congress, new provisions have been added and should be reviewed by your institution. Bart Smith addresses the concerns surrounding new proposals and the potential impacts that the changes might have on community financial institutions. Considering the long-term outlook and potential ramifications of the new legislation, it’s important to reach out to your elected official to discuss the new policy.
Brian Battle discusses the recent trip that he and Bart Smith took to Washington D.C. and describes some of the conversations he and Bart had with Congress. Specifically, they expressed their concerns regarding the Choice Act and the potential implications of the legislation for community financial institutions. Brian urges viewers to contact their congressional representatives with their concerns so that everyone’s voices are heard.
Bart Smith discusses President Trump’s executive order to roll back the Dodd-Frank Act, the effects it will have on community institutions, and the potential shifts that it will cause within the banking industry.
Bart Smith begins by examining the FDIC issued quarterly banking profile for the first quarter of 2016. He then introduces the concept of PT Score, a risk scoring model that is designed to identify, measure and tracks significant risk trends within an organization.
Articles of Interest (for Credit Unions)
The NCUA recently released its revised risk-based capital proposal for credit unions, and early indications suggest the changes are very promising. Performance Trust has actively followed this issue from the start, and this latest commentary from Bart Smith provides details on the various revisions and discusses items that credit unions should consider going forward.
As Bart Smith promised in his recent Disciplined Investor article, “NCUA Risk-Based Capital Rules: A Comparison” (February 18, 2014, Volume 7), we have formulated our official response to the recent proposal regarding potential changes to credit union capital measures.
Former regulator Bart Smith unravels the regulators’ recently updated guidelines for the classification and appraisal of securities held by depository institutions (OCC Bulletin 2013-28). The changes could have significant implications for the way banks assess the quality of their securities portfolio on an ongoing basis.
Bart offers an overview of our latest sample investment policy, with versions for both banks and credit unions (modifiable Word files of the sample policy are currently available). He also provides some background as to why this policy takes the form it does and some considerations to bear in mind should you wish to customize the sample for your own use.