Without an independent and full accounting, it’s not only NCUA’s credibility that suffers, it’s also the soundness and self-confidence of the cooperative system. There is a minimum of $3 billion and as much as $7 billion due to credit unions
from the legacy assets NCUA seized from the corporates, according to the numbers
NCUA has posted on its website....A Review Of NCUA’s Corporate Actions Must Be A High Priority: [Read Article]
In an ongoing effort to keep your FRCUA education current, modules are continually updated to reflect current NCUA and other regulatory agency requirements. As an example, BSA 26 now includes Artificial Intelligence and BSA, Elder Financial Exploitation, Pig Butchering & BSA, and Executive Order – Free and Fair Banking.
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