c. myblog

May 3, 2013

NCUA’s Interest Rate Risk Questionnaire – Starting the Conversation

More institutions are being presented with NCUA’s Interest Rate Risk Questionnaire in advance of examinations and being asked to fill them out. During the preparation for an examination, this may seem like the last thing a busy management team should be concerned with, but it should be taken as an opportunity to refresh credit union […]

September 20, 2012

Survey: Operating Expense

We are currently gathering information on operating expense in the credit union industry and how much of it is spent on regulatory and compliance issues.  Please click here to take our brief survey.  Thanks!

September 14, 2012

The Time To Comment Is NOW—Use Ours If Needed

Credit unions have a little more than a week left to submit comments for a Proposed Standards Update regarding liquidity risk and interest rate risk (click here to see our comments).   So far about 15 comments have been posted, but it is important for the Financial Accounting Standards Board (FASB) to know how this […]

August 9, 2012

NCUA Beefs Up Insurance Requirements with New Emergency Liquidity Rule

Approved at NCUA’s July 24th board meeting, the proposed rule on maintaining access to emergency liquidity will require credit unions to create/maintain various levels of liquidity planning based on asset sizes. Under $10 million in assets:  Maintain a written policy approved by the board with a list of contingent liquidity sources. $10 million or more […]

May 24, 2012

Excerpt: The New IRR Rule – Be Prepared

The National Credit Union Administration recently issued its final rule requiring “federally insured credit unions to develop and adopt a written policy on interest rate risk management and a program to effectively implement that policy, as part of their asset liability management responsibilities.  The interest rate risk policy and implementation program will be among the […]

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