by GrafWebCUSO | Sep 20, 2016 | News
The reactions to news that 5,300 Wells Fargo employees were fired for creating more than two million fake accounts have ranged from shock to calls for prosecution. Some experts have suggested that now is the time for credit unions to leverage the public’s...
by GrafWebCUSO | Sep 20, 2016 | News
Risk, by definition, implies uncertainty. In today’s ever-changing regulatory environment, credit unions must develop and implement an effective enterprise-wide compliance risk management program to mitigate and manage their compliance risk. To be clear, risk...
by GrafWebCUSO | Sep 20, 2016 | News
Government regulation and high taxes are stifling economic growth and Washington has been unable to do anything about it, Sen. Ted Cruz (R-Texas) said Tuesday. “Economic growth ought to be bipartisan,” Cruz, a former Republican presidential candidate, said...
by GrafWebCUSO | Sep 20, 2016 | News
A new FBI app may help you catch a bank robber. The federal law enforcement agency released a smartphone app last month that features bank robbery investigations that involve the most violent and most prolific serial offenders who often cross jurisdictions. The FBI...
by GrafWebCUSO | Sep 19, 2016 | News
Beginning with the Sept. 30 reporting cycle, the NCUA said Monday it will require less CUSO information from credit unions on their call reports. Going forward, credit unions will only be required to submit aggregate CUSO loan and investment information on their call...
by GrafWebCUSO | Sep 19, 2016 | News
The Federal Reserve Board is unlikely to raise interest rates when it meets this week, exacerbating problems for some credit unions, NAFCU Chief Economist Curt Long predicted Monday. Long said that in the unlikely event that the Fed does raise rates, the increase...
