Links in “Credit Unions”
- Presenting to the Board: Striking a Balance Between What to Say and How to Say It
In this blog post, AffirmX's Ken Agle delineates how compliance officers can decide the urgency of potential compliance concerns. Then, if they do decide to present these issues to the board, Agle gives sage advice on how to deliver them.
- NCUA Hosting Free BSA Training Webinar
NCUA is hosting a free BSA Compliance Training webinar on Wednesday, March 19Â at 2:00 pm EST. The webinar, which will be conducted by Jane Pannier, Esq., SVP and In-House Counsel for AffirmX (formerly NeighborBench), and Judy Graham, Program Officer with NCUAâs Office of Examination and Insurance, will include a testing component for which attendees can receive a certificate of training.
- ABCs of Mobile Wallets
What is a mobile wallet and what is its future? [3/11]
- Key Changes May Be Coming for Risk-Based Capital Rules
NCUA chair says key changes to RBC proposal are still possible before it becomes final rule. [3/11]
- Matz Fears Credit Unions May Be the Next Big Target
NCUA Chair Debbie Matz is concerned about credit unions being the next big target for cyber terrorism stating, âCyber terrorism doesnât just deny services; it destroys security and dismantles systems.â Matz encourages CTOs to visit NCUAâs website and review the new section, âCyber-Security Resources.â [3/10]
- Is Bitcoin Collapsing?
Maybe. Bitcoinâs ease of use can also lead to easy theft, which was a significant factor in the recent collapse of Mt. Gox, a well-established Bitcoin exchange. [3/10]
- Six Tips to Prevent Workplace Fraud and Theft
Surveys indicate that as much as 5% of an organizationâs revenue can be lost to employee theft and occupational fraud. This article offers six practical tips from the Small Business Administration to minimize this cost factor. [3/7]
- Credit Union Makes a Difference for a Homeless Family
This is what credit unions are all about. Dupaco Community Credit Unionâs Individual Development Account, which matches a qualifying memberâs deposits with funds from the Iowa Credit Union Foundation, made all the difference in the lives of a homeless family that just needed a little help. [3/7]
- More on NCUA’s Derivatives Rule
Recap of NCUA's new derivatives rule, which went into effect this week. [3/7]
- Hundreds of Credit Unions File Late Call Reports Despite Potential Fines
Although the number of credit unions that filed their 4th quarter 2013 Call Reports late has declined significantly, 561 credit unions still missed the January 24th filing deadline. NCUA stated that these credit unions will receive warning letters, but subsequent late files will face civil money penalties under NCUA's new rule. [3/6]
