Press Archives

How to manage third-party risk in 2024: Venminder’s latest whitepaper reveals all

ELIZABETHTOWN, KY (February 2, 2024) — Venminder, the leading comprehensive, unified platform for managing third-party risk management programs, have released their eighth annual “State of Third-Party Risk Management” whitepaper. The whitepaper provides a deep dive into how organizations are handling third-party risk today, covering key ...

Firemen’s Federal named an Inclusive Workplace

NEW ORLEANS, LA (February 2, 2024) — New Orleans Firemen’s Federal Credit Union is proud to announce that it has been recognized as an "Inclusive Workplace" for the second year in a row by Best Companies Group, a workplace culture and employee engagement expert, ...

“Boost Your Savings” by 4.85% APY*

GLENDALE, CA (February 2, 2024) — If you’re a member of Los Angeles Federal Credit Union (LAFCU), you can “Boost Your Savings” with a 4.85% APY* share savings certificate for 6 months. The maximum opening deposit is $5,000,000, and you can ...

NCUA releases addendum to other Supervisory Committee Audit Guide

ALEXANDRIA, VA (February 1, 2024) — The National Credit Union Administration today released an addendum to its Other Supervisory Committee Audit, Minimum Procedures Guide. Accounting Standard Codification No. 326 Financial Instruments—Credit Losses, referred to as Current Expected Credit Losses (CECL), became effective for most ...

Elko Federal Credit Union pays out $750,000 to members

ELKO, NV (February 1, 2024) — At the year-end meeting of its board of directors, Elko Federal Credit Union (EFCU) announced a total bonus payout and dividend of $750,000 to members through the 2023 calendar year. Deposited to accounts in January, the $750,000 ...

Capstone Federal Credit Union is now a community-chartered credit union

ALISO VIEJO, CA (February 1, 2024) — Capstone Federal Credit Union today announced that it has become a community-chartered credit union, expanding its capacity to serve the financial needs of businesses, families, and individuals in Orange County. The credit union is now able to serve ...