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March 2019
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A+ Federal Credit Union celebrates 70th anniversary in 2019
Tuesday, March 5, 2019 7:00 AM

A+ Federal Credit Union is celebrating 70 years in the Central Texas community with events and giveaways throughout 2019.

CECL proposal unlikely to provide true relief to CUs
Tuesday, March 5, 2019 6:55 AM

Credit Union National Association filed a comment letter with the Financial Accounting Standards Board (FASB) regarding its Targeted Transition Relief proposal, which is intended to ease transition to the current expected credit losses (CECL) standard by providing the option to measure certain types of assets at fair value.

Bankers step up calls on Congress to examine CU tax exemption; CRA
Tuesday, March 5, 2019 6:50 AM

The Independent Community Bankers of America released its “Community Focus 2020” legislative agenda on Monday, singling out credit unions and the National Credit Union Administration for criticism and focusing on the credit union tax exemption and subjecting credit unions to the Community Reinvestment Act (CRA).

Make it a meeting members can’t refuse
Tuesday, March 5, 2019 6:45 AM

In 2016, BECU ($19.6 billion, Tukwila, WA) changed the format of its traditional annual meeting and launched its first-ever Member Summit. Beyond simply reporting on the business of the credit union, BECU designed a meaningful event that provided useful financial education.

Elderly financial exploitation soaring: CFPB
Tuesday, March 5, 2019 6:40 AM

Financial exploitation of the elderly is soaring in the United States, the CFPB said in a recent report.