Tuesday was “Don’t Tax My Credit Union Day.” We know that credit unions do a lot to benefit their members and surrounding communities. What has your credit union done to quantify this benefit and show the positive impact to the community? Click here to take our survey.
One of the many results of the Dodd-Frank Act is that government agencies, including NCUA, remove references to Nationally Recognized Statistical Rating Organizations (NRSRO) that are contained within regulation. NCUA published the final rule pursuant to this order in December 2012, and the final rule became effective June 11, 2013. While the final rule does […]
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 […]
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!
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 […]