CECL to Be Delayed Additional Year for Credit Unions

While pleased with the decision, credit union trade groups say the proposal still doesn't go far enough.

By David Baumann | July 17, 2019 at 12:30 PM

The Financial Accounting Standards Board agreed Wednesday to delay the effective date for the controversial Current Expected Credit Loss (CECL) standard an additional year—until January 2023—for credit unions.

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CUs Designated as Public Depositories After Bill Signed by Florida Governor

By Michael Ogden | May 02, 2024

Officials call this a "transformative step" enabling credit unions to conduct new business in the state.

CUs Designated as Public Depositories After Bill Signed by Florida Governor

Shared Accounts With CU Times: Questioning the Merger Approval Process

By Michael Ogden | April 26, 2024

Louisiana Corporate Credit Union CEO David Savoie shares why more transparency is needed in the months leading up to a credit union merger.

Shared Accounts With CU Times: Questioning the Merger Approval Process

CFPB Mulls Collecting Auto Loan Data From Credit Unions

By Jim DuPlessis | April 25, 2024

If approved, an unknown number of credit unions would be required to submit loan-level information each year.

CFPB Mulls Collecting Auto Loan Data From Credit Unions

The Future of Payments for Credit Unions link

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