The NCUA issued a checklist for credit unions to voluntarily use in assessing its diversity and inclusion practices last year, of which two-thirds of participants in an NCUA diversity webinar said they were unaware.
During CUNA’s Attorney’s Conference last week, a presentation on recent changes to the mortgage servicing rules under Regulations Z and X prompted a question related to the Real Estate Settlement Procedures Act 120-day foreclosure restriction.
'Periodically, I will read about something that happened at another credit union, and I’ll ask our supervisors or full staff, “What would you do in this situation if it happened here”?' says CEO Mark Baron of Fieldstone Credit Union.
After weeks of hurricanes, and now wildfires, it’s more important than ever for credit unions to be prepared for disasters. Federally insured credit unions are required to have disaster recovery and business resumption plans.