NCUA Board Member Tanya Otsuka Remarks at the 2024 Governmental Affairs Conference

Credit Union Regulatory Guidance Including: NCUA, CFPB, FDIC, OCC, FFIEC

www.marktreichel.com

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

Tanya Otsuka’s Speech at the 2024 Governmental Affairs Conference

This episode of 'Samantha Shares' features an audio version of National Credit Union Administration Board Member Tanya Otsuka’s speech delivered at the 2024 Governmental Affairs Conference, sponsored by Credit Union Exam Solutions Incorporated. Otsuka discusses her background, experiences, and the lessons learned from previous financial crises, emphasizing the importance of safety and soundness, consumer protection, and the role of credit unions in the economy. She outlines her commitment to supporting small, low-income, and minority depository institutions, combating geography, racial, and socio-economic disparities in financial services, and improving access to safe and affordable financial products. Otsuka highlights initiatives and examples of credit unions positively impacting their communities and addresses the challenges faced by credit unions, including cybersecurity and economic pressures. She underscores the unique advantages of credit unions and the NCUA's role in ensuring a healthy, competitive, and inclusive financial system for all members.

00:00 Introduction

00:48 Opening Remarks and Background

01:29 Vision and Priorities as a Board Member

02:06 Importance of Safety, Soundness and Consumer Protection

03:41 Addressing Geographic, Racial, and Socio-economic Disparities

04:44 Examples of Credit Unions Making a Difference

05:27 Agency Resources and Initiatives

06:28 Challenges Faced by Credit Unions

07:03 The Credit Union Difference

08:01 Conclusion and Future Engagement

08:05 Closing Remarks

Are you worried about an NCUA exam in process or looming on the horizon? Don't face it alone!

We're ex-NCUA insiders with decades of experience, ready to guide you to success. Our team understands the intricacies of NCUA examinations from the inside out.

Hire us and gain:

• Peace of mind during your exam process

• Insider knowledge of NCUA procedures and expectations

• Strategies to address potential issues before they become problems

• Continuous access to our extensive subject matter expertise

With our access retainer, you'll have on-demand support from former NCUA experts. We're here to ensure your credit union achieves flying colors in its next examination.

Contact Credit Union Exam Solutions today to learn more about our services and how we can help your credit union succeed.