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Conservatorship: When NCUA Removes the Board & What You Need to Know
Manage episode 426558556 series 3303439
المحتوى المقدم من Mark Treichel and Mark Treichel's Credit Union Exam Solutions. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Mark Treichel and Mark Treichel's Credit Union Exam Solutions أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
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NCUA has the authority to take what is called a conservatorship action, resulting in the credit union board of directors being removed. NCUA then wears 3 hats: insurer, regulator, and credit union operator - representing the interest of the members.
These are complicated and rare, but one happened last week, and a few happen every year. Steve, Todd, and I discuss everything you need to know about conservatorship.
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