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Through a live audio webcast, the National Credit Union Administration board held its sixth open meeting of 2021 and unanimously approved a final rule that would phase in the day-one adverse effects on regulatory capital that may result from the adoption of the current expected credit losses (CECL) accounting methodology over a three-year period.
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World Council of Credit Unions’ board of directors has selected Elissa McCarter LaBorde as the organization’s new president and chief executive officer.
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Endurance Federal Credit Union in Duncan, Okla., awarded three local charities with funds that were raised at the 12th Annual Charity Golf Tournament.
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New Bethel Baptist Church and True Sky Credit Union have partnered to build a self-service branch at N.E. 23rd Street and Missouri Avenue in Eastside Oklahoma City, where a groundbreaking was held on June 22.
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In this week’s Leaguer, Texas Gov. Greg Abbott announces a special session beginning July 8 but hasn’t yet revealed the agenda items that lawmakers will meet to debate. Stay tuned.
