Mike Richards CPA Weekly News Summary

 

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.   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.  NCUA Quarterly U.S. Map Review – Fourth Quarter 2020 Read More  How strong is your team a year into remote work? Read More  How To Balance Patronage Dividends And Loan Loss Reserves Read More  To Thrive, Adapt Your Compensation Strategy For The Times 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.  March 24 NCUA webinar will cover COVID-19 credit risk issues Read More  This week: Congress to consider PPP extension, NCUA Board meets Read More  American Rescue Plan Act passes with many tax components 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.  Banks Brace For Cybersecurity Threats In 2021 Read More  Staying vigilant against fraud during the pandemic Read More

 

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