FASB delays CECL for CUs until 2023

The Financial Accounting Standards Board voted on July 17 to extend the deadline for conversion to the Current Expected Credit Loss methodology to January 2023 for all but the nation’s biggest publicly traded banks. CECL is used as shorthand for the new GAAP requirement to include expected life of loan (LOL) losses in the allowance for […]

Herb Wegner Memorial Award nominations due

The deadline is approaching for credit union supporters to nominate individuals and organizations for the Herb Wegner Memorial Awards to be presented by the National Credit Union Foundation (the Foundation). Winners will be honored at the Foundation’s annual awards and fundraising gala on Feb. 24, 2020, in conjunction with the CUNA Governmental Affairs Conference in […]

Make plans to Hike the Hill in October

Join LSCU & Affiliates Oct. 22-23 for its annual fall Hike the Hill grassroots lobbying trip to Washington, D.C. We have moved our annual Hike the Hill to October to help avoid the recent weather events that have caused us issues the past few years. Credit unions need to lead the charge in bringing our […]

Register today for Georgia Credit Union Idea Institute

If you haven’t registered for the Georgia Credit Union Idea Institute 14, it’s time to review the range of speakers you’ll hear at this year’s event at the Westin Poinsett Hotel in Greenville, SC,  Aug. 26-28. This year’s II14 includes an array of speakers, who will address issues most important to your credit union, including […]

SCUMA Conference planned in August

There is still time to register for the 51st annual SCUMA Conference at the Hilton Sandestin Beach Golf Resort & Spa in Miramar Beach, FL, from Aug. 21-23. Prepare to hear top-rated speakers, learn about trending credit union topics, and network with staff from small to large credit unions. Secure your spot at the conference […]