Climate Change Threats Are Affecting Credit Unions’ Business Continuity Planning
In a time of increasing natural disasters, Danielle Caliendo urges credit unions to re-examine their business continuity plans and adjust for the possible shifting weather conditions and events that climate change might bring.
NCUA Board Treads Lightly on Climate Change Risks
Under fire from farm state elected officials, the National Credit Union Administration board emphasized at its March meeting that the agency will not micromanage credit union policies as credit unions consider the risks of climate change. Other issues were also discussed, reports David Baumann of the Washington Credit Union Daily.
Harper Endorses Report Identifying Climate Change as Systemic Risk
Federal financial regulators, including NCUA Chairman Todd Harper, endorsed a plan to ensure that agency rules and policies address the risks of climate change, reports David Baumann of the Washington Credit Union Daily.
