NCUA Chairman Todd Harper's Statement in the 2023 Annual Report to Congress

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

NCUA Chairman Harper's 2023 Annual Report Highlights

This episode of Samantha Shares delivers an audio version of NCUA Chairman Todd Harper's statement from the 2023 agency annual report. It discusses the National Credit Union Administration's (NCUA) achievements, including receiving clean audit opinions for its funds, and its commitment to protecting consumers, strengthening the credit union system, and expanding financial access. The report covers the NCUA's response to economic challenges, efforts in financial security and equity, cyber resiliency, and investment in employees. It highlights initiatives like the Minority Depository Institution support and updates in cybersecurity examination procedures. The Chairman reflects on the stability and resilience of credit unions amidst economic headwinds and outlines future priorities for safeguarding the system and advancing consumer financial protection.

00:00 Welcome to Samantha Shares: NCUA Chairman's Statement Overview
00:15 Sponsor Shoutout: Credit Union Exam Solutions
00:45 Chairman Harper's Statement: Protecting Consumers and Credit Unions
01:05 Annual Report Highlights: Achievements and Financial Health
01:53 Mission and Initiatives: Strengthening the Credit Union System
02:52 Responding to Economic Headwinds: Strategies and Actions
04:39 Advancing Financial Security, Equity, and Allyship
08:34 Maintaining Cyber Resiliency in the Face of Threats
10:39 Investing in NCUA Employees: Training and Development
12:11 The Road Ahead: Challenges and Opportunities
15:02 Values and Closing Thoughts: Looking Towards the Future
17:55 Final Remarks and How to Get Help with NCUA Exams