Automate your due-diligence process, assess risk, and cut down on staff hours

Managing your third party vendors takes up a lot of staff hours. From the credit union’s third-party lending vendors to the lawn service contract, all have to be tracked, managed, and re-negotiated. This process can take a number of staff to complete each year. Plus, the NCUA is increasing pressure on these contracts. Credit Union […]

Credit unions have two weeks to submit MBL comments

Credit unions are urged to take a few minutes and drop the NCUA a comment on the proposed MBL regulation overhaul. The League has talked to senior members at the NCUA that say the banks continue to send comments in large quantities. Many are form comment letters, but they are enough to get the NCUA’s […]

Matz offers apology, fuller clarification of statement made during testimony

CU Today reports that NCUA Chairman Debbie Matz has issued a statement following her testimony before Congress that seeks to clarify her response to one congressman’s question. Matz’s statemen includes: “During my testimony in Congress yesterday (Thursday), I emphasized the importance of NCUA being an independent financial regulator which protects the deposits of credit union […]

Forbes column blasts banks attacks on credit unions

Credit unions received a good placement Thursday in Forbes when Ryan Ellis posted a column calling the bankers attacks on credit unions dishonest. He specifically references a recent op-ed column from Florida Bankers Association CEO Alex Sanchez in the Wall Street Journal and American Bankers Association CEO Frank Keating referencing the NFL dropping its non-profit […]