NCUA Chairman Rodney Hood Thursday called on the Financial Accounting Standards Board (FASB) to exempt credit unions from the current expected credit loss (CECL) standard. Since 2016, when the standard ...
In payments, fast can be defined in a single word: immediate. “Consumers experience real-time transfers across a variety of fintech tools. That expectation carries over to their relationship with traditional ...
Jason Lindstrom can summarize his best crisis leadership advice in one word: Listen. Lindstrom, president/CEO of $316 million asset Evergreen Credit Union in Portland, Maine, and chair of the ...
Even as branch locations close, and all but a few credit union employees migrate to home offices, the industry continues to help people through one of the most chaotic times ...
Retail banking across the world, including at credit unions, will see effects and changes brought about due to the coronavirus pandemic. With the loss in foot traffic to physical locations ...
As we continue to adjust to a “new normal” of operating during the coronavirus pandemic, our leadership must remain steadfast and strong. With so much uncertainty in the world, it’...
As consumer demand for more online banking services grows, fraudsters are finding more and more ways to exploit these services. While not a new scheme, online account origination fraud has ...
NCUA Chairman Rodney Hood wrote to Sen. Mike Crapo (R-Idaho), chair of the Senate Banking Committee, this week with several suggestions Congress can make to improve the operating environment for ...
