{"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 2025\nEpisode Overview\nThis 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.\nKey Topics Covered\nFederal Banking System Key Themes\nOverall system strength remains sound despite economic uncertainty\nCommercial credit risk increasing due to geopolitical risks and sustained higher interest rates\nRetail credit risk stable but consumer sentiment declining\nMarket and liquidity risk stable with improved net interest margins\nOperational risk elevated due to cyber threats and digitalization challenges\nCompliance risk remains elevated\nEconomic Operating Environment\nGlobal: Slow growth forecast for 2025, trade policy uncertainty, geopolitical tensions\nDomestic: GDP 12% above pre-pandemic peak, unemployment at 4.2%, but economic uncertainty growing\nProjections: 1.2% growth in 2025, 1.3% in 2026; PCE inflation expected to reach 3.6% by Q3 2025\nCredit Risk Insights\nCommercial Credit\nCRE market conditions vary by property type\nOffice vacancies projected to continue rising into 2026\nMultifamily market expected to stabilize later in 2025\nRefinance risk high for loans underwritten during low-rate periods\nTrade disruptions may compress industry margins\nRetail Credit\nDelinquency rates manageable but trending upward\nConsumer payment prioritization favoring low-rate mortgages\nTighter lending standards across consumer categories\nNatural disaster impacts on insurance and collateral administration\nMarket Risk\nNet interest margins improved in second half of 2024\nUnrealized investment losses remain a concern\n10-year Treasury yield volatility affecting portfolio values\nInterest rate risk scenario testing critical given uncertainty\nOperational Risk\nCybersecurity\nContinued targeting by threat actors with ransomware\nIncrease in \"double extortion\" attacks\nATM jackpotting attempts rising\nThird-party...","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}