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Weekly News Summary
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Hello Members of NCOFCU,
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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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.
Job gains expected
to continue in coming months, NAFCU says Read
More
Steps
For Post-COVID Mortgage Lending Success 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.
Lease Accounting Takes on New Importance during the
COVID-19 Pandemic Read
More
A Brief Refresher on Credit Card Penalty Fees 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.
3 Cybersecurity Tips You Must Share With Your
Employees Read
More
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