Weekly News Summary
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.
Happy Holidays!
Mike Richards, CPA
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Economic and Industry Issues
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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.
Facing year-end
cut off, U.S. banks scramble to extend COVID accounting relief Read More
NCUA Quarterly
U.S. Map Review – Third Quarter 2020 Read More
Payments Trends In
The Age of Coronavirus Read More
The lasting impact
of COVID-era audits Read More
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Regulatory and Accounting Issues
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Regulatory and
accounting issues are changing all the time. Staying abreast of those
changes is an important
part of the corporate governance.
Congress agrees to
$900 billion Covid stimulus deal after months of failed negotiations Read More
NCUA extends COVID
relief, approves subordinated debt rule Read More
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Fraud Awareness
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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.
Grand jury indicts
pair for stealing money from three St. Louis-area credit unions Read More
Ex-manager of
Denison credit union pleads not guilty to $1.5 million embezzlement Read More
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