Credit Unions and Transparency: Obligation or Risk?
CU*Answers CEO Geoff Johnson discusses a credit union’s obligation to be transparent and open with its members, along with the benefits and concerns that might follow that transparency.
When Less Is More: NCUA Board’s Mid-Year Operating Budget Review
According to Chip Filson, the NCUA is guilty of consistent budget increases and out-of-control spending. But with a budget review on the horizon, will the board opt to change this?
The Budget, the Business Plan, and What It Means to the Everyday Employee
Understanding your organization’s budget and business plan is not just for upper management. Matt Weber shares why he thinks understanding both can be advantageous from CEO down to line staff.
Considerations and Pitfalls of Branch Accounting Strategies
Branch accounting may be the next hot ticket item among NCUA examiners. Keegan Daniel explores some considerations and pitfalls to performing branch accounting at your credit union.
NCUA Approves Bloated Budget Without Adjustments for Industry Complaints
Is the NCUA’s comment period just a dog and pony show? Vic Pantea might think so. He recaps the NCUA’s December board meeting and the approval of a budget that didn’t factor in complaints from the industry.
Five Things to Consider When Planning an IT Budget
There are a lot of moving parts that go into making a successful IT budget, good thing Matt Sawtell has some tips to help make your planning a little easier.
Recapping the July NCUA Board Meeting
What’s going on with the NCUA’s capital budget? Vic Pantea deliverers notes on the July NCUA Board Meeting and some reasonable questions about budget changes.
How Important is Budgeting to a Credit Union’s Financial Success?
Budgets determine the money, and money determines success, right? Becky Frankowski discusses the purpose of a credit union’s budget – and whether or not it’s essential to their financial success.
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