On September 14, from 11-12:30 p.m. (Eastern), the Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation (FDIC), and National Credit Union Administration (NCUA) will hold an “Ask the Regulators” webinar to explain revisions and additions to the Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts.
You can register here! This policy statement was issued on June 20, 2023.
During the webinar, staff of the agencies will review best practices for managing deteriorating and problem commercial real estate loans and workout arrangements, describe how supervisors assess the management of commercial real estate loan accommodations and workouts, and review supervisory expectations for valuations.
The webinar will include a Q&A session. Participants are encouraged to submit questions in advance via email at firstname.lastname@example.org. Panelists will give priority to questions received by August 18.
Participants are encouraged to use the webinar audio on their computers for the best experience. Webinar materials will be archived for future viewing at the same link that is used for registration.
Access the ‘Compliance Hotline’
Your League-member benefits include the Compliance Hotline — providing exclusive access to dedicated compliance experts:
Using the above phone number and email address, you can gain access to a knowledgeable team that’s ready to address all your credit union’s compliance inquiries — promptly and efficiently. With the Compliance Hotline, you can proactively respond to impromptu questions and issues by getting clarity and insight on technical topics that normally slow you down. We want to help you unlock the full potential of your League membership by leveraging the resources and support you need to navigate the complex world of compliance effortlessly. We’re ALWAYS just a phone call or email away!
Additionally, other League-member compliance resources include:
For more information, email Lisa Quaranta.
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