NASCUS State Credit Union Regulators National Meeting
written by Chuck Harryman
The annual, regulators-only NASCUS State Credit Union
Regulators National Meeting brought state credit union regulators from across
the country together for a two-day, intensive program that took a long look at the
issues, topics and trends resonating through the state credit union regulatory
environment today, with an eye toward the year ahead.
pictured above: Senior Examiner Randy Willard, Executive Secretary Debbie Moore, Director of Examinations Paul Qualls, and Examiner Chuck Harryman
Wilson Attends CSBS Technology and Cybersecurity Training
written by Ashley Wilson
Senior Examiner Ashley Wilson attended the
Conference of State Bank Supervisors Technology and Cybersecurity Essentials for the US Banking Industry course with guest speaker Shawna Flanders of MIS Training Institute. The
training covered changing US Government and industry regulations,
cybersecurity, network architecture and security, and IT risk controls.
Discussions centered on incident response, business continuity and disaster
recovery, and third party vendor management. These discussions reinforced
attendees’ understanding of vulnerabilities and controls that can be
implemented to protect financial institutions from cyber threats and risks.
Duncan Completes FDIC Asset Liability Management School
written by Clint Duncan
Examiner Clint Duncan recently completed the Asset Liability Management
School sponsored by the Federal Deposit Insurance Corporation (FDIC) and taught
by an experienced group of FDIC examiners from around the country. The attendees
were primarily from state banking departments as well as a small group of FDIC
The two-week school is designed to enhance the examiner’s ability to
analyze, assess and assign ratings for sensitivity to market risk and
liquidity. This school provides comprehensive interest rate risk (IRR) analysis
instruction with emphasis on evaluating IRR models. Additionally, ALMS expands
liquidity analysis instruction beyond ratio analysis with an emphasis on
managing liquidity risk.
Upon completion examiners make preliminary assessments of interest rate risk
(IRR), liquidity risk, basic hedging and investment strategies from off-site
analysis information such as IRRSA, SEC filings, and equity analyst reports.
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