ARLINGTON, Va.—A newly released study sponsored by NAFCU, Allied Solutions and OnApproach outlines some of the key qualities and trade-offs for a variety of models for implementation of the Financial Accounting Standards Board's current expected credit loss (CECL) accounting standard, which starts taking effect for credit unions in fiscal years beginning after Dec. 15, 2020.
Fresh Today
ARLINGTON, Va.—NASCUS is calling for an advisory council of federally insured credit unions intended to provide NCUA with advice and guidance about issues related to credit union federal share insurance regulation and supervision.
WAYCROSS, Ga.–– Community United Federal Credit Union here has been put into conservatorship by NCUA.
ST. PETERSBURG, Fla.—PSCU has announced a partnership with Mastercard Start Path Global, Mastercard¹s program supporting later-stage startups that are reshaping the future of commerce.
HONOLULU–Two credit unions in Hawaii have announced merger plans.
BOISE, Idaho–Mountain America Credit Union here said it has partnered with the Boise State University Alumni Association (BSUAA) to offer financial education opportunities and contribute to the BSUAA in two different ways.
ALEXANDRIA, Va.–Five people have been nominated for two at-large positions on the NAFCU board in the election cycle underway now.
HAUPPAUGE, N.Y.—GrooveCar announced that 20 additional credit unions signed on with its program during the first quarter.
LAWRENCEVILLE, Ga.—Tightening credit and manufacturer incentives were key drivers in the decline of used vehicle values in March, according to Black Book.
ALEXANDRIA, Va.—The NCUA board Thursday reviewed the performance of the Share Insurance Fund and Temporary Corporate Credit Union Stabilization Fund, and in doing so addressed the possibility of closing the TCCUSF this year, merging it into the NCUSIF.
