NCUA Doubles Down on Budget Needs Citing Fraud
Citing an increase of fraud found during onsite examinations, NCUA Chair Todd Harper continues to argue for the need of in person audits and the budget to go with them.
Congress Returns With Major CU Proposals Unresolved
Congress returns to Capitol Hill this week with a long list of unresolved issues that could have a direct impact on credit unions—ranging from marijuana banking to credit card interchange policies, reports David Baumann of CUCollaborate.
The CAMELS in the Room
Starting April 2022, NCUA introduced a new letter to the CAMEL rating system: “S” for Sensitivity to Market Risk. Esteban Camargo gives a brief history of CAMELS and what each letter stands for in this financial literacy month series.
Now You Know Your ALMs
It’s Financial Literacy Month and Esteban Camargo is here to teach you how to sing your ALMs. Part one is a veritable alphabet soup of credit union acronyms and terms that might be confusing.
