Compliance

Partner Perspectives

The Cybersecurity Advantages Of Moving To The Cloud

Five key factors create a robust cybersecurity strategy that protects the credit union and its members.
Features

What’s In A Name: Member Care Specialist

Jay Hall’s role at Fortera Federal Credit Union helps families properly settle accounts after a member has passed away.
Credit Union Industry Commentary

6 Reasons Credit Unions Are Selling Their Credit Card Portfolios

Market pressures and compliance challenges are just two variables pushing cooperatives to hand off their card operations.
Features

Putting CECL Accounting To The Test

Credit union CFOs say the new standard has created clear processes and more collaboration between finance and lending, while adding even more work to an ...
Blogs

NCUA’s New Fee-Reporting Rules: Your Questions Answered

With “junk fees” in the crosshairs in Washington, Callahan takes a deep dive into how that revenue impacts the balance sheet and what the future ...
Credit Union Industry Commentary

CECL: A Half-Baked Cake

One year after implementation, there’s still work to be done when it comes to new rules around expected credit losses.
Blogs

Best Of 2023: Fostering Financially Strong Credit Unions

From liquidity challenges to slowdowns in lending, new regulations and more, credit unions embraced uncertainty this year.
Blogs

Silicon Valley Bank Failure: FASB And Auditor Implications

The accounting standard concerning intent and ability was violated, and those charged with governance and oversight of the bank failed in their roles. All of ...
Features

6 Credit Union Fiduciary Responsibilities You Might Not Think Of

To ensure they are properly fulfilling their duties, credit union directors typically consult with a variety of stakeholders, but there’s one source of assistance directors ...
Features

After 7 Years, CECL Is Here. Quest FCU Was Ready.

The Ohio cooperative has been working with vendors and testing new solutions to find the right fit for the new reporting standards.
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