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Showing posts from July, 2020

Economic and Industry Issues

Weekly News Summary -  July 30, 2020 Press Release For Immediate Release Weekly News Summary Hello NCOFCU Members, Here are some things that were in the news last week. Please share these articles with your Supervisory Committee and Board of Directors. If you missed previous editions of the weekly news, summaries of those can be viewed at our  archive .  Have a great week! Mike Richards, CPA         The Callahan Credit Union Auditors Guide is now available. Our firm exists exclusively to serve the Credit U

This is the second of our free series on "Understanding You Credit Unions Financials".

This is the second of our free series on "Understanding You Credit Unions Financials". Wed, August 5, 2020 2:00 PM – 3:00 PM EDT How are you managing the Interest Rate Risk at your credit union?  Join TCT & NCOFCU to learn about ALM and IRR management. Wed, August 5, 2020 2:00 PM – 3:00 PM EDT Register NOW Who Should Attend:  CEO, CFO, Operations, Board Members   About this Event   Managing Interest Rate Risk is a key responsibility of credit union boards and management.

Hood Discusses the State of Credit Unions

REQUIRED INFORMATION FOR CREDIT UNION BOARD CHAIRMEN AND MANAGEMENT Hood Discusses the State of Credit Unions; Calls for Greater Diversity, Inclusion ALEXANDRIA, Va. (July 29, 2020) – The COVID-19 pandemic and the national dialogue on the issues of diversity, equity and inclusion provide credit unions with an enormous opportunity to rise to the occasion to support their communities and members, National Credit Union Administration Chairman Rodney E. Hood said today. “For credit unions, in particular, these events have taken on added significance because they highlight inequities that have long existed within the communities they serve throughout the United States,” Chairman Hood said. “The industry’s mantra of ‘people helping people’ can also serve as a useful moral guidepost for how we can transform today’s challenges into an opportunity for understanding, inclusion and healing.” Hood delivered the keynote address at the 43rd