Credit Union Overtime Podcast

Mortgage Bankers Association Prediction on CRE Loan Volume Q&A with David Reed CEO and former financial institution executive, Larry Williams, chats with attorney and compliance expert, David Reed, about a recent prediction made by the Mortgage Bankers Association concerning commercial real estate lending. Tumbling occupancy, rising interest rates, and concentrations in CRE loans may spell trouble for many community financial institutions. Learn about the risks your credit union may be facing in these areas, as well as how recent events are influencing CRE values and loan volume across the country. After the podcast, be sure to check out David’s webinar, New Policy Statement on CRE Accommodations & Workouts. Register and learn more here. Podcast listeners can also use coupon code POLICY10 for 10% off. This coupon is valid through February 2024. Here is a quick breakdown of what is covered during the podcast: [1:48] What did the Mortgage Bankers Association predict, and how do you see that affecting our community financial institutions? [4:15] How does the recent WeWork bankruptcy filing fit in? [8:20] Do you see regulators looking more closely on CRE concentrations in upcoming exams? [13:35] How will the rising interest rates affect CRE loans due for a rate adjustment? [17:33] Is there a connection between the failures of Silicon Valley and Signature Banks and the current state of commercial real estate? [21:26] What else should our listeners be looking out for in managing their CRE portfolio risk? [25:52] Board’s role in CRE Risk management Check out these links for more info! Webinar Registration: https://cuwebtraining.com/New-Policy-Statementon-CRE-Accommodations-Workouts Speaker’s Website: https://reedandjolly.com/ Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cuwn See us on Instagram: ⁠https://www.instagram.com/cuwebinars/⁠ Like us on Facebook: https://www.facebook.com/cuwebinars Tweet us on Twitter: https://twitter.com/cuwebinars Read our blog: https://cuwebtraining.com/blog

CEO and former banker, Larry Williams, chats with compliance expert, Deborah Crawford, about the new beneficial ownership rules and what that means to business owners and your institution.   Find out when new business account holders and existing business owners need to comply with the new rules, the reason for the changes, and who has access to your information. Plus get 10% off the webinar, Countdown to New Beneficial Ownership Rules: Effective January 1, 2024.   After the podcast, be sure to check out Deb’s webinar, Countdown to New Beneficial Ownership Rules: Effective January 1, 2024. Register and learn more here. Podcast listeners can also use coupon code BENEFICIAL10 for 10% off. This coupon is valid through February 2024.   Here is a quick breakdown of what is covered during the podcast:   [1:40] When do account holders actually have to comply with the new beneficial ownership rules, effective Jan. 1, 2024? [2:35] Has the definition and exemptions of a beneficial owner changed? [3:25] What is a reporting company? [4:03] What is a company applicant? [4:45] What is the overarching reason the government is making these changes? [5:45] Who will be able to look at your registered information? Is it a public network or a private network?   Check out these links for more info! Webinar Registration: https://cuwebtraining.com/Countdown-to-New-Beneficial-Ownership-Rules-Effective-January-1-2024 Speaker’s Website: https://cuwebtraining.com/deborah-crawford Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cuwn See us on Instagram: https://www.instagram.com/cuwebinars/ Like us on Facebook: https://www.facebook.com/cuwebinars Tweet us on Twitter: https://twitter.com/cuwebinars Read our blog: https://cuwebtraining.com/blog

During this episode, Larry chats with Dale Sheller with the Baker Group about why the Federal Reserve recently decided to not increase interest rates, the implications of the tightening cycle on margins, preparations of financial institutions for the end of the tightening cycle, the reasons for an inverted yield curve, regulators' responses to unrealized investment portfolio losses, and the benefits and structure of the bank term funding program in mitigating risk.   After the podcast, be sure to check out Dale’s complimentary webinar, Interest Rate Risk Management Today. Register for this free webinar here: https://fin-ed.info/3XIfGu7.   Here is a quick breakdown of what is covered during the podcast:   [1:12] The Fed skipped raising interest rates at the last meeting – why did they do that and are they done raising interest rates? [2:24] Is the recent fast-tightening cycle good news for net interest margins? [4:27] How fast does the cost of funds catch up to the yield on earning assets? Has it been faster in this cycle? [5:27] How are financial institutions preparing for the Fed to end the tightening cycle? [7:50] Why do we have an inverted yield curve? [9:42] How are regulators responding to unrealized losses on investment portfolios, and why? [11:38] What are the advantages of the bank term funding program for financial institutions? [14:37] Could the bank term funding program mitigate the risk of unrealized losses? [16:05] Deposits increased dramatically over the pandemic, has that trend slowed down? Are financial institutions seeing most of these deposits as ‘hot money’ or core deposits? Check out these links for more info! Speaker’s Website: https://www.gobaker.com/ Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cuwn Like us Facebook: https://www.facebook.com/cuwebinars Tweet us on Twitter: https://twitter.com/cuwebinars Read our blog: https://cuwebtraining.com/blog

In this week’s episode Marcia Malzahn does a Q&A on strategic planning. She will answer why your institution needs to have a strategic plan in place and why it needs to be incorporated into enterprise risk management and so much more.   After the podcast, be sure to check out Maria’s webinar Strategic Planning for Credit Unions. Register and learn more here: https://fin-ed.info/40vSLSy. Podcast listeners can also use coupon code STRATEGIC10 for 10% off this timely webinar. This coupon is valid through December 2023.   Here is a quick breakdown of what is covered during the podcast:   [01:15] Should you have a strategic plan in place? [02:15] Find out why enterprise risk management (ERM) is being incorporated into the strategic planning process. [03:40] Everyone at the credit union should be a part of strategic planning, why is human resources not included in the process? [05:21] Senior leadership needs to be a part of the process, but does the board of directors? [06:15] The biggest challenge credit unions have related to strategic planning.   Check out these links for more info! Webinar Registration: https://fin-ed.info/40vSLSy Speaker’s Website: https://malzahnstrategic.com/ Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cbwn   Like us Facebook: https://www.facebook.com/bankwebinars Tweet us on Twitter: https://twitter.com/bankwebinars Read our blog: https://financialedinc.com/blog

How is your team’s teamwork? What are you doing to increase/improve their efficiency, professionalism, communication, and accuracy?   During this episode, we visit with Molly Stull of Brode Consulting Services about some of the critical aspects that branch managers and head tellers need to be mindful of as leaders within their credit unions. After the podcast, be sure to check out Molly’s webinar titled, Branch Managers & Head Tellers: Managing the Critical Aspects: https://fin-ed.info/43RtGEi.   Podcast listeners can use the coupon code MANAGER10 for 10% off this informative webinar. This coupon code is valid through December 2023.   Here is a quick breakdown of what is covered during the podcast:   [1:23] What are the critical aspects that branch managers and head tellers need to manage? [2:20] What are the benefits of a high-functioning team? [3:16] What are the risks of NOT focusing on teamwork within a branch? [4:15] What are the first two or three things a new branch manager should focus on? [7:00] Can leadership be learned? [7:45] What’s the difference between managing and coaching employees? [8:19] Tips for time management. [11:50] Trust you team. Check out these links for more info!   Speaker’s Website: https://www.brodeconsulting.com/ Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cuwn Like us Facebook: https://www.facebook.com/cuwebinars Tweet us on Twitter: https://twitter.com/cuwebinars Read our blog: https://cuwebtraining.com/blog

In this week’s episode Marcia Malzahn does a Q&A on treasury management. She will detail why your credit union needs to implement this powerful tool to not only grow your core deposits but provide a sustainable source of income.     After the podcast, be sure to check out Maria’s webinar Treasury Management: A Powerful Tool to Increase Deposits & Fee Income. Register and learn more here: https://fin-ed.info/3UYgtpJ. Podcast listeners can also use coupon code TREASURY10 for 10% off this timely webinar. This coupon is valid through December 2023.   Here is a quick breakdown of what is covered during the podcast: [1:14] Treasury management definition and the importance of having a strong treasury management department. [1:54] Account analysis statement: how your community bank can put it to good use. [03:51] The most common treasury management services that community banks need to offer to their account holders. [05:56] Where does treasury management belong in the organizational chart? [8:15] How treasury management works with the team, and does it require more than one person to run the department?   Check out these links for more info! Webinar Registration: https://fin-ed.info/3UYgtpJ Speaker’s Website: https://malzahnstrategic.com/ Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cbwn Like us Facebook: https://www.facebook.com/bankwebinars Tweet us on Twitter: https://twitter.com/bankwebinars Read our blog: https://financialedinc.com/blog

The new CECL accounting standard fundamentally changed the way that credit unions estimate loan losses and resulted in material equity adjustments for many. What are regulators focusing on? Is there one “preferred” methodology? What impacts has CECL had on financial statements?   Join us for a Q&A with Stephen Schiltz of CLA as he answers these questions and more about the newly implemented Current Expected Credit Losses (CECL) methodology. After the podcast, be sure to check out Steve’s webinars about CECL:   CECL: What Auditors & Regulators Will Expect: https://fin-ed.info/42oZz5t TDR Comeback: Qualification Under CECL & End of CARES Act: https://fin-ed.info/3oKeGc7   Podcast listeners can use the coupon code CECL10 for 10% off both of these timely webinars. This coupon is valid through December 2023. Here is a quick break down of what is covered during the podcast: [1:35] How prepared were financial institutions for CECL’s final implementation? [3:07] Is there one specific methodology that regulators will be looking for credit unions to be using? [4:39] Quantitative analysis vs. qualitative analysis. [7:08] TDR accounting under CECL. [9:34] Troubled loan modifications in the current economic environment. [10:39] What are the top two or three red flags that you’ve seen in CECL models being used right now? [12:44] Validating a forward-looking model with historical data. [13:50] Impacts of CECL on other than loans. [15:40] Impacts of CECL on a financial institution’s financial statement.   Check out these links for more info! Speaker’s Website: https://www.claconnect.com/en Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cuwn Like us Facebook: https://www.facebook.com/cuwebinars Tweet us on Twitter: https://twitter.com/cuwebinars Read our blog: https://cuwebtraining.com/blog

[1:10] Is there ETA on debits for Real Time Payments or Fednow? [2:13] Some financial institutions charge for Same Day ACH, but do they charge their account holders for RTP payments and for the coming FedNow payments or is it a free service? [5:00] What potential for fraud do you need to be aware of? [9:16] If an ACH is received through a service provider, do financial institutions need to contact Fed if interested in FedNow? [10:15] Can funds be accessed with both direct connection and via service provider? [10:47] What type of payment processing system is peer-to-peer (P2P) payments considered? [13:38] Do Real Time Payments move through the traditional rails? [14:18] How are accounts linked for transfer on RTP and FedNow? In this week’s episode Shelly Sipple with EPCOR answers some common questions from her webinar tilted Emerging Payments: Embracing Same Day ACH, RTP & FedNow. Register and learn more here: https://fin-ed.info/3Jw96zN Podcast listeners can also use coupon code EMERGINGPAYMENTS for 10% off this timely webinar. This coupon is valid through February 2022. Check out these links for more info! Webinar Registration: https://fin-ed.info/3Jw96zN Speaker’s Website: https://www.epcor.org/wcm/About_Us/wcm/about/about_us.aspx Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cuwn Like us Facebook: https://www.facebook.com/cuwebinars Tweet us on Twitter: https://twitter.com/cuwebinars Read our blog: https://cuwebtraining.com/blog

[0:52] How does Google Analytics metric work? [3:19] Facebook and LinkedIn don’t work with Google Analytics. What site information can be incorporated? [6:04] Does Google rank video the same as written content? [8:09] Should you only link to your own website, or should you link to other people’s websites? [11:29] Should financial institutions have web pages on multiple platforms? [14:33] Best ways to use Google Data Studio. [17:09] Is it necessary to get information from Facebook and LinkedIn to use in Google Data Studio? [19:49] Photos or Videos? What gains more engagement on social media? [25:19] Is Canva a good product to use for social media marketing? [28:21] Limitations of WordPress. [31:51] Updating/Patching plugins. [35:07] Did Meta remove the when your fans are online feature? In this week’s episode, Eric Cook with WSI Digital answers some common questions from his webinar tilted, Measure It to Manage It: Understanding Analytics & How to Determine Online Success. Register and learn more here: https://fin-ed.info/3SpV1Ie Podcast listeners can also use coupon code BUSINESSWRITING for 10% off this timely webinar. This coupon is valid through December 2022. Check out these links for more info! Webinar Registration: https://fin-ed.info/3SpV1Ie Speaker’s Website: https://www.wsiworld.com/ Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cuwn Like us Facebook: https://www.facebook.com/cuwebinars Tweet us on Twitter: https://twitter.com/cuwebinars Read our blog: https://cuwebtraining.com/blog

[01:03] Differences between commercial and consumer lending. [02:50] What is a consumer and consumer credit under Regulation B? [03:41] Common mistakes made by consumer lenders. [05:45] What does it take to be a good consumer lender? [06:44] Role of a consumer lender. [07:57] Consumer lending process. [08:40] The “TION” method of making a loan. In this week’s episode Jeffery Johnson covers the basics of consumer lending from his webinar, Consumer Underwriting 101: From Application to Approval. Register and learn more here: https://fin-ed.info/3xxCgZJ Podcast listeners can also use coupon code UNDERWRITING101 for 10% off this timely webinar. This coupon is valid through September 2022. Check out these links for more info! Webinar Registration: https://fin-ed.info/3xxCgZJ Questions? [email protected] Follow us on LinkedIn: https://www.linkedin.com/company/cuwn Like us Facebook: https://www.facebook.com/cuwebinars Tweet us on Twitter: https://twitter.com/cuwebinars Read our blog: https://cuwebtraining.com/blog