{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Credit Union Regulatory Guidance Including: NCUA, CFPB, FDIC, OCC, FFIEC","title":"Office of the Comptroller of the Currency's Semiannual Risk Perspective Spring 2025.","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/61324991\"></iframe>","width":"100%","height":180,"duration":2084,"description":"Show Notes: OCC Semiannual Risk Perspective Spring 2025Episode OverviewThis episode covers the Office of the Comptroller of the Currency's Semiannual Risk Perspective for Spring 2025, providing valuable insights for credit unions on key banking risks and industry trends.Key Topics CoveredFederal Banking System Key ThemesOverall system strength remains sound despite economic uncertaintyCommercial credit risk increasing due to geopolitical risks and sustained higher interest ratesRetail credit risk stable but consumer sentiment decliningMarket and liquidity risk stable with improved net interest marginsOperational risk elevated due to cyber threats and digitalization challengesCompliance risk remains elevatedEconomic Operating EnvironmentGlobal: Slow growth forecast for 2025, trade policy uncertainty, geopolitical tensionsDomestic: GDP 12% above pre-pandemic peak, unemployment at 4.2%, but economic uncertainty growingProjections: 1.2% growth in 2025, 1.3% in 2026; PCE inflation expected to reach 3.6% by Q3 2025Credit Risk InsightsCommercial CreditCRE market conditions vary by property typeOffice vacancies projected to continue rising into 2026Multifamily market expected to stabilize later in 2025Refinance risk high for loans underwritten during low-rate periodsTrade disruptions may compress industry marginsRetail CreditDelinquency rates manageable but trending upwardConsumer payment prioritization favoring low-rate mortgagesTighter lending standards across consumer categoriesNatural disaster impacts on insurance and collateral administrationMarket RiskNet interest margins improved in second half of 2024Unrealized investment losses remain a concern10-year Treasury yield volatility affecting portfolio valuesInterest rate risk scenario testing critical given uncertaintyOperational RiskCybersecurityContinued targeting by threat actors with ransomwareIncrease in \"double extortion\" attacksATM jackpotting attempts risingThird-party dependencies creating single points of...","thumbnail_url":"https://img.transistorcdn.com/DblKo84_Ha6-XOQnfj5k1wmxCkQHeB53BeeKc2eI7dM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQ4MTk5LzE3MDM4/NTQxOTktYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}