Weekly News Summary
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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
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The Callahan
Credit Union Auditors Guide is now available. Our firm exists
exclusively to serve the Credit Union Movement, and that shows in the
ratings attached. Thanks to all of our clients!
Callahan & Associates: 2020 Credit Union Auditors Guide Read
More
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Economic and Industry Issues
Knowledge
is the key to effective corporate governance. Staying abreast
of economic and industry issues affecting your credit union will
prepare you for those responsibilities.
CUNA economic and
credit union forecast - July 8, 2020
Is Today Like The
Great Recession Or The Great Depression? Read
More
How
Credit Unions' Competition Could Change Read
More
Credit
Union Leaders Share What's Working During Uncertain Times Read
More
Weekly
claims turn higher as coronavirus jobs crisis inflicts more
damage Read
More
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Regulatory and Accounting Issues
Regulatory and accounting issues are changing all the time.
Staying abreast of those changes is an important part of the corporate
governance.
Berger calls for CU CECL exemption as FASB gets new
chair Read
More
NCUA set to address FOM changes, CECL
implementation Read
More
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Fraud Awareness
As you will see from reviewing these articles,
fraud can happen in any credit union. Staying vigilant is the key to
preventing your credit union from being the next victim.
Former NYPD cop Joseph Guagliardo sentenced to more than
2 years for stealing $400K from MCU Read
More
Securing A Digital, Branch Or Network
Transformation Read
More
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