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What Can We Learn from Failed Credit Unions? Webinar
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When: Archive only
Where: In Your Credit Union
Contact: Leah Redding

Online registration is closed.
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With unemployment on the decline, housing prices on the rise, and pent up loan demand, most signs point to potential growth opportunities for credit unions in the next few years.  But let’s not forget the lessons learned from the most recent financial crisis.  Are we doomed to repeat history or can we utilize these war stories to our advantage? 

This webinar will examine the common themes surrounding the causes of credit union failures based on material loss reviews, including concentrations, corporate governance, fraud, and others.  It will provide an overview of laws and regulations related to material loss reviews along with historical analysis and end results.  A case study will be presented covering an actual material loss review report for a failed credit union and the reasons for failure.  In addition, the roles and responsibilities of the Supervisory Committee under the applicable NCUA rules and regulations will be covered.




  • What is a material loss review and why is it performed?
  • Reasons and trends for credit union failure
  • Case study – Beehive Credit Union
  • Supervisory Committee duties, role, and responsibilities
  • Role of internal audit function
  • External audit function requirement
    • NCUA guide to Supervisory Committee role and responsibilities
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key


Attendance verification for CE credits provided upon request.




This informative session is directed to board members, Supervisory Committee members, and credit union executives.



ABOUT THE PRESENTER – Dhaval Patel, CPA, Moss Adams LLP

Dhaval Patel is a CPA and partner at Moss Adams LLP.  He has been in public accounting since 1997, and has worked with credit unions, banks, thrifts, and mortgage companies of varying sizes, providing financial statement audit, internal audit, and other consulting services.  Dhaval has extensive experience related to developing policies and procedures, loan file reviews, reviewing ALLL methodology, evaluating internal controls, and performing related internal audits, as well as reviewing accounting for various derivative instruments, transfers of financial assets, securities, and alternative investments.


Educational Investment:

Asset Size Archive Only
Over $75 million


$25 - $75 million


Under $25 million


Education Scholarship

Scholarships are available for all KCUA education events. Scholarships pay 100% of registration fee for credit unions under $25M, 50% for credit unions between $25-$75M and 25% for credit unions over $75M.



Upon registration, you will receive an email confirmation that you can print for your records. Connecting instructions will be emailed to you approximately two days before the event.

Cancellation Policy:

Sorry, no cancellations are allowed after connecting instructions and handout materials are distributed to registrants. Substitutions are welcomed and encouraged.

Please note: The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone.