NCUA updates policy on audit report access for examiners
The NCUA has updated its policies on how and when examiners will review a credit union’s audit reports that are prepared by an external auditor, specifying that newly completed audits be sent directly to the examiner from the auditor. This change affects all federally-insured credit unions. The NCUA states that in addition to obtaining the …
Lake Region Healthcare taps Kyle Richards to lead as CEO: 6 things to know
Fergus Fall, Minn.-based Lake Region Healthcare named Kyle Richards CEO, effective June 2017.
10 reasons Bank of America could be the world's most perfect stock
During the height of the Great Recession, shareholders in bank stocks were taken for quite the ride. Bank of America (NYSE: BAC), which is one of the largest banks by deposits in the U.S., saw its shares dip by more than 90% from peak to trough. The company’s acquisition of the troubled lender Countrywide Financial, …
performing credit union upped their game
This is the story of a highly successful organization that wanted to up their game. After taking a look in the mirror, they decided to change their approach to project management. Headquartered in the lovely town of Santa Rosa in Northern California, $3 billion plus Redwood Credit Union (RCU) always has lots of big initiatives …
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