Fresh Today

Fresh Today

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.

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.

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.