Richards & Associates News Summary




Weekly News Summary -  August 17, 2020


Press Release
For Immediate Release
Weekly News Summary
Hello Grant,

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     
  

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.
  • NACUSAC 2020 Webinar Series   Read More
  • Debit Growth Trends Key to Credit Unions' Future Success   Read More
  • 5 Ways to Enhance Your Online Member Support (Without Busting Your Budget) Read More
  • Board Succession Planning Checkup   Read More
  • Managing Mental Wellness At Credit Unions  Read More  
  • Unemployment rate sees slowdown in July  Read More  

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.  
  • NCUA - COVID-19: Frequently Asked Questions for Federally Insured Credit Unions   Read More
  • NAFCU calls on lawmakers to consider CECL elimination bill  Read More

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.   
  • Federal Banking Agencies Issue Joint Statement on Enforcement of Bank Secrecy Act/Anti-Money Laundering Requirements  Read More 


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