Episode Summary:
In this episode of With Flying Colors, Mark Treichel, along with industry experts Steve Farrar and Todd Miller, discuss a growing trend—NCUA requesting private meetings with credit union boards. What does it mean when regulators ask to meet without management present? Should boards be concerned? And how should they prepare?

With decades of NCUA experience, Steve and Todd share insights into:
✅ Common reasons why NCUA requests board-only meetings
✅ When a meeting with the board chair is routine vs. when it’s a red flag
✅ The importance of listening, but not committing to actions during these meetings
✅ Why legal counsel might be necessary in certain situations
✅ Whether you should record the meeting—and if NCUA will allow it

Mark, Steve, and Todd also share real-world examples of how these meetings have played out, including situations where state regulators took a more aggressive approach.

Whether you're a board member, CEO, or concerned about your next NCUA exam, this episode provides essential insights to ensure you're prepared if NCUA makes the call.

Resources Mentioned:
📌 Learn more about Credit Union Exam Solutions: marktreichel.com
📌 Subscribe for future episodes and expert insights on navigating NCUA exams.