The Financial Accounting Standards Board is getting an earful from credit unions and trade associations. Even NCUA Chairman Debbie Matz, like others, is concerned about the accounting board’s exposure draft that would require financial institutions to base loan-loss allocations on expected losses, rather than incurred losses. In addition to requiring...
Deadline is Friday and 62 of 153 comment letters posted so far are from credit unions concerned about proposed ALLL changes.
As conservatorship ends, local advisory board recruited by NCUA to serve until annual meeting next year.
PowerComment.org provides information on new regs and the ability to comment online before they become final.
Hirings, promotions, retirements among credit union people.
Formerly struggling credit union also posts 10.13% net worth in first quarter of 2013, marking Inland Empire's continued recovery.
Christopher Crockett comes from City National Bank in La Jolla, Calif., where he was senior vice president/regional banking manager.
A Tennessee CUSO has won the core processing business of a group of 10 Southern California credit unions. The contract win pushes the client list at Memphis-based Share One Inc. past the century mark, with 104 clients now committed to its New Solutions core platform.
The old-fashioned holdup may not hold a candle to these inside jobs, identity thefts and cyber heists, especially for crooks who want to avoid jail.