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Credit unions have been encouraged to help members in a prudent and fair manner but that also means properly documenting the decision-making process.June 8
Director of ComplianceACES Risk Management -
A new report from the National Credit Union Administration's Office of the Inspector General outlines what to expect in the year ahead following some 2019 scandals.December 23
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The association filed a comment letter urging FASB to delay CECL implementation for all banks, while asking a key accounting group to support its effort.September 17
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The Credit Union Internal Auditors Association is set to merge into the Association of Credit Union Internal Auditors.June 5
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The National Credit Union Administration board was also briefed on a final interagency rule regarding private flood insurance during its regular monthly meeting.February 14
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At the recent CU Leadership Conference in Las Vegas, credit union representatives offered their ideas for the next round of reg relief.August 21
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KPMG has been the bank's auditor since 1931. Critics say it's time for a change.April 5
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Wells Fargo, which has been told by the Fed that it needs to improve its governance and controls, on Thursday received an important thumbs-up from its outside auditor and also named the four senior directors who will retire next month.March 1
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The move aims to ease the compliance and audit processes for credit unions by increaing access to remote services.October 30
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Paulette Mullings Bradnock is the first woman to hold the title of chief auditor at the venerable bank.September 25
