www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

The National Credit Union Administration today placed Aldersgate Federal Credit Union in Marion, Illinois, into conservatorship. Member services will continue while the NCUA works to resolve issues affecting the credit union’s operations.

Member deposits at Aldersgate Federal Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by the NCUA, the Share Insurance Fund protects individual accounts at federally insured credit unions up to $250,000. Member’s interest in all joint accounts combined is also insured up to $250,000. The Share Insurance Fund separately protects IRA and KEOGH retirement accounts up to $250,000. The Share Insurance Fund has the backing of the full faith and credit of the United States.

Members may conduct financial transactions via phone by calling the NCUA Asset Management and Assistance Center at 512.231.7940 Monday through Thursday between 10:00AM-4:00PM Central. Those calls will be routed to the appropriate specialists. Members can continue to conduct financial transactions, such as depositing funds, making loan payments, and requesting share withdrawals during the conservatorship.

Members with questions about the conservatorship may review the Aldersgate Federal Credit Union’s frequently asked questions posted on the NCUA’s website. Members with questions about their Share Insurance Fund coverage can find more information in the Share Insurance Coverage
(Opens new window) section of NCUA’s MyCreditUnion.gov
(Opens new window)consumer website.

Aldersgate Federal Credit Union is a federally insured credit union with 811 members and reported assets of $10.6 million, according to the credit union’s most recent Call Report. Aldersgate Federal Credit Union serves the ministerial and probationary members, full time employees, local pastors, clergy persons and diaconal ministers under appointment of the bishop of the Illinois Great Rivers Conference of the United Methodist Church

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

NCUA often asks what a credit union's Risk Appetite is, but doesn't provide much if any, guidance on the topic. We do.

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

NCUA staff rely heavily on the examiner guide and the National Supervision Policy Manual.  We discuss these documents and what they really mean for credit unions.

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

In this short and slightly offbeat solo episode, Mark shares a personal tale of dog sitting gone sideways—with two lovable pit bulls, a well-intentioned checklist, and a humbling C-minus execution grade.

But the real story is what the NCUA didn't do last week.

The agency quietly canceled its June board meeting and offered only a placeholder for July, continuing a trend that started under Chairman Todd Harper. Mark weighs in on what this says about the agency's direction, leadership, and communication strategy.

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

NCUA requires some level of management review every exam before you see it.  We explain why and how that impacts you.

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

Episode Summary:
In this episode, I dive into what NCUA might look like after its May 22nd downsizing — a 25% reduction in staff driven by Trump-era mandates for smaller government. Using clues from the agency’s own language, historical precedent, and my firsthand experience with past reorganizations, I lay out my predictions for NCUA’s evolving structure.

This is part three of a special podcast series unpacking the agency’s potential realignment.

Key Topics Covered:

• 📉 25% Workforce Reduction: Who’s leaving, and what that signals for the future.
• 🏛️ Trump’s Mandate for Smaller Agencies: How it shapes NCUA’s staffing and budget decisions.
• 🗂️ Reading the Tea Leaves from Slide 13: Consolidation, decentralization, and “high-impact” work.
• 🔁 Past is Prologue: Lessons from the early 2000s restructuring under Chairman Dennis Dollar.
• 📊 Who Reports to Whom?: A detailed review of the current org chart and likely changes.
• ⚖️ Legal Implications: Why some moves (like eliminating ONES) may require board votes or rule changes.
• 🧩 Likely Office Shifts:
  • OMWI, Ethics, and Board Secretary to new homes
  • Potential absorption or elimination of CURE, ONES, and AMAC
  • Field of Membership functions back to the regions
• 🔍 High-Value Work Only?: Implications for DEI, affinity groups, and central office roles.
• 📍 Draconian Possibilities: Could NCUA eventually eliminate regions or relocate HQ?
• 🧠 Machiavelli & Reorgs: Why changing a system brings both enemies and uncertainty.

Quotable Moments:

Why It Matters:
Whether you're a credit union exec, examiner, or industry observer, understanding NCUA's likely future state can help you prepare for changes that could affect regulatory oversight, staffing, and even strategic planning at your institution.

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

📝 Episode Summary:

In this post-Memorial Day episode, Mark dives into NCUA’s latest insurance fund update with a sharp focus on CAMEL codes—and why they matter more than ever in today's regulatory landscape. With NCUA facing staffing cuts, hiring freezes, and leadership questions, your credit union's CAMEL rating may determine how much attention (or relief) you're about to get.

Mark walks through key takeaways from the data, trends in ratings across credit union size categories, and why being a CAMEL 1 or 2 could lead to fewer exams—while CAMEL 3, 4, and 5 credit unions face a leaner, potentially more stressed NCUA.

🔑 Key Topics Covered:

• Overview of NCUA's recent briefing and CAMEL code performance
• Declines in CAMEL 3s, 4s, and 5s—what’s real and what’s merger-driven?
• Increased risk for complex credit unions ($500M+)
• Impact of staffing reductions on supervision intensity
• Why being a CAMEL 1 or 2 may now mean more operational flexibility
• What Kyle Hauptman said—and didn’t say—about being the only board member
• Speculation on NCUA’s future organizational structure

📌 Takeaways:

• CAMEL codes improved overall, but large credit unions saw some deterioration.
• NCUA’s downsizing and hiring freeze will shift how and when exams occur.
• Your credit union’s CAMEL code now plays an even bigger role in how much NCUA interacts with you.
• Good communication and organized documentation are essential if you're a CAMEL 3–5 credit union.
• The regulatory future may hinge on ongoing lawsuits and Supreme Court decisions about agency power.

⭐ Support the Show:

If you enjoyed the episode, please rate us 5 stars and share the podcast with your credit union colleagues. It helps us get the word out!

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

The NCUSIF and the DIF are similar but different.  Today we do a deep dive on that and more.

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

Trump’s Workforce Cuts Hit NCUA: What’s Changing, What’s Next

Show Notes

In this episode of With Flying Colors, Mark Treichel breaks down the biggest NCUA update in years — a Trump-era Executive Order has triggered a 20% voluntary staff reduction at the agency.

This May 22 board briefing outlines how the NCUA will operate with fewer people, a tighter budget, and a restructured exam program — all while staying focused on its core mission.

1. 20% Staff Reduction by Year-End
   NCUA is cutting 250 positions — driven by Executive Order 14210.
2. No Layoffs, All Voluntary
   Staff could opt for paid leave (NDRP) or a $50K incentive (NVSIP).
3. Program Exceeded Target
   297 enrolled; around 250 will actually depart — above the 217 needed.
4. HQ Was Hit Hardest
   30% of HQ staff enrolled vs. 20% in the regions — right-sizing in progress.
5. Hiring Freeze Through July 15
   Replacements limited to 1 hire for every 4 departures, only in top-priority roles.
6. Realignment Likely
   Signals point to fewer departments, streamlined reporting, and a leaner structure.
7. Extended Exam Cycles
   Well-run credit unions get more time between exams — up to 24 months in some cases.
8. $75M in Budget Savings Expected in 2026
   Minimal 2025 savings due to admin leave; big gains next year.
9. Agency Admits: 'Less with Less'
   NCUA is trimming low-value work and asking staff for smarter, simpler workflows.
10. Tech + Targeted Hiring Ahead
    Come 2026, investments in automation and skilled examiners are planned.

www.marktreichel.com

https://www.linkedin.com/in/mark-treichel/

Document of Resolutions can be complex or simple.  Regardless, they usually have many steps that NCUA doesn't realize, but you need to track.  We discuss the ins and outs of DOR project management in this archive episode.