About a year ago, in response to a heavy succession of major floods that took their toll on the National Flood Insurance Program, Congress passed the Biggert-Waters Flood Insurance Reform Act of 2012, which not [...]
Many of the compliance solutions providers that are on the market today offer a series of self-help tools to compliance officers and internal auditors. These self-help tools may include checklists, sample policies, and excel spreadsheet [...]
Risk. It's something that every credit union must deal with. Risk and its management, once broadly accepted as part of the fuzzy territory of doing business as a financial institution, have become increasingly hot topics [...]
The bad news is that compliance with federal regulations continues to become more and more complicated. Changes are occurring at light speed. This poses a particularly onerous burden on credit unions that often do not [...]