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.
Our Risk page is the top spot to learn about business continuity, compliance, enterprise risk management, fraud, and vendor management.
One year after implementation, there’s still work to be done when it comes to new rules around expected credit losses.
For the past decade, the credit union’s head risk leader has been evangelizing the idea that everyone must be a risk manager to ensure the
The crisis is still unfolding, but the latest high-profile bank failure has plenty of takeaways for credit unions around asset management, net worth, communication, and
Senior leaders across multiple credit unions talk about how their organizations are tackling the explosive new iteration of artificial intelligence.
A new report from the FBI finds total losses from elder financial abuse rose by 84% last year compared to 2021 figures.
A collaboration between the credit union and Virginia Tech is benefitting the credit union while also providing master’s degree candidates real-world business experience.
Rising auto delinquencies, higher charge-off risk, and what you can do to protect your loan portfolio.
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 these parties should be held accountable.
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 might not have considered.
The Ohio cooperative has been working with vendors and testing new solutions to find the right fit for the new reporting standards.
The crisis is still unfolding, but the latest high-profile bank failure has plenty of takeaways for credit unions around asset management, net worth, communication, and more.
Identifying patterns and trends is key to translating information into improved operational efficiencies and more engaging member services.
Uncertainty surrounding the financial health of members pushed credit unions to set aside more money to cover loan losses in the fourth quarter.
Publix Employees FCU turns everyday moments into lasting financial impact. Through on-site support and a vibrant wellness program, the credit union is building trust, offering guidance, and forging financial confidence one associate at a time.
Ascend FCU’s senior vice president of marketing reflects on his entrance into the industry a year ago and what he’s looking forward to accomplishing in the next.
Recent studies reveal a slight uptick in optimism, but a growing share of Americans expect their finances to worsen during the next year.
Financial wellbeing isn’t about budgets or education; it’s about trust, confidence, and a sense of control.
Affinity Federal Credit Union redefines financial success by focusing on emotional confidence, community impact, and member trust.
From bonuses to candy budgets, Credit Union 1 and Purdue FCU offer tips to successfully manage one of financial services’ biggest hurdles.
Flexible, technology-driven solutions help credit unions scale their commercial lending portfolios and address staffing, efficiency, and regulatory challenges.
Bay FCU’s Brooke Morley improves communication and collaboration across departments to offer members the products they want and need.
Park Community Credit Union Foundation reimagines local philanthropy through transparent practices, grassroots partnerships, and trust-based giving.
Callahan & Associates provides an early look at quarterly performance results. Sneak a peek at the latest trends here.
Silicon Valley Bank Failure: FASB And Auditor Implications