FASB Meeting Produces Pending Changes to CECL Standards

A meeting of the Financial Accounting Standards Board, Friday, included proposed changes to the Current Expected Credit Loss model of measuring credit impairment for credit unions.

NCUA Outlines Diversity Best Practices

The policy statement does not create any new compliance obligations, and the Administration will collect voluntary self-assessments from credit unions in order to understand diversity trends in the industry.

Compliance Center: Federal Agencies Issue Final Policy Statement for Assessing Diversity Policies and Practices

Get the details on the interagency diversity policy; your question answered about denying a Reg E claim; plus this week’s legal briefs.

Washington Legislative Week in Review, Feb 2-6

Both NWCUA-sponsored bills to amend the Washington Credit Union Act are up for hearings this week.

Legal Briefs

Your weekly update on the regulatory landscape.

Cybersecurity graphic

NCA Security & Technology Insights: How Your Information Security Management System is the Foundation for Your Business Assurance

Network Computing Architects, Inc., the newest Strategic Link business partner, outlines the six distinct phases to consider when implementing and maintaining a new Information Security Management System.

Easy Steps to Loan Portfolio Growth While Still Meeting Compliance Standards

Can your credit union successfully meet compliance standards and still experience loan portfolio growth in 2012? Lending Insights, a Strategic Link strategic partner, is hosting an hour-long webcast with valuable insight into the analytics that will help your credit union meet regulatory requirements and improve overall loan portfolio performance.

Legal Briefs

Your weekly update on the regulatory landscape.

How Can Credit Unions Meet Compliance Standards and Grow Lending Portfolios in Today’s Competitive Marketplace?

Since 2005 the NCUA has required credit unions to meet stronger compliance regulations regarding the implementation and use of analytics to help identify levels of internal risk that can affect the profitability and stability of the credit union.

Legal Briefs

The NWCUA’s weekly rundown on the regulatory landscape.

Legal Briefs

Your update on the regulatory landscape.

Legal Briefs

Your update on the regulatory landscape.

Interchange Fee Standards Published

The Federal Reserve Board published lists of institutions that are subject to, and exempt from, the debit card interchange fee standards.

Benchmarking: Preparing to be at the Top of Your Game

Repo Remarketing writes that successful benchmarking can result in changes in performance and innovation, improvement in quality and in overall productivity improvements.

Senate to Hold Hearing on Housing Finance Reform

This week’s Federal Legislative Week in Review outlines work on the federal mortgage standards bill, the Fed’s pending Interchange amendment, and the NCUA’s prepayment plan.

Bank on Washington Meeting Scheduled in Seattle

The meeting will help implement a statewide effort, discussing standards for accounts, reporting, and other program elements.

New ATM Accessibility Standards Set

The Department of Justice instituted new regulations on the accessibility of the input and output controls at the ATM, outlines Member Access Pacific.

Fed Proposes Rule Under Reg. Z Pertaining to Ability to Repay Mortgage and Minimum Underwriting Standards

The proposal would apply to all consumer mortgages except home equity lines of credit, timeshare plans, reverse mortgages, or temporary loans.