adminThe Financial Services Accounting Board (FASB) approved Wednesday several CUNA-backed changes to its current expected credit losses (CECL) standard. CUNA strongly advocated FASB extend the implementation date for credit unions and the board proposed...
It’s time to make your reservations for the LSCU’s Florida Advocacy Conference and Alabama Advocacy Conference coming soon! The State Advocacy Conferences feature time to interact with state lawmakers, updates on legislative and regulatory...
According to CUNA, Credit unions that utilize remote deposit capture (RDC) technology are receiving letters from a law firm “inviting” them to negotiate a patent licensing deal for the use of the technology. The law firm that represents...
Fraudsters are nothing if not resourceful. Traditional identity (ID) theft is well-known: A criminal obtains enough personally identifiable information to open fraudulent credit accounts in a victim’s name or take over existing accounts. Where...
The National Credit Union Administration Board has re-scheduled its December open meeting and posted the video recording of its September open meeting. The December meeting is now scheduled for Thursday, Dec. 13, beginning at 10 a.m. ET. The...
The Community Rebuild and Restore Product is part of FHL Atlanta Bank’s suite of affordable housing homeowner assistance products. It provides up to $10,000 per household for rehabilitation of an owner-occupied home located in “Major Disaster...