NCUA’s Resources Can Help Credit Unions Detect, Prevent and Report Elder Financial Abuse
May is Older Americans Month, a national initiative that acknowledges the contributions of past and current older persons to our country. It is also an excellent opportunity for you to reach out to your older members to make sure they know how to defend themselves against financial exploitation.
NCUA Consulting Assistance Nomination Season Open through May 31
Credit unions that qualify for consulting assistance from NCUA have until May 31 to submit nominations, the agency announced today. The 2016 consulting period runs from July 1 through December 31. Credit unions selected for the program will be announced in June.
Chairman Metsger Announces Exam Review
NCUA Board Chairman Rick Metsger is initiating a review of the agency’s examination process, and he will form a working group to bring all stakeholders into the effort. The process will include a review of the frequency of examinations.
NCUA to Host Minority Depository Institutions Listening Session
NCUA will host a May 25 listening session to solicit input on ways it can enhance its Minority Depository Institutions Preservation Program NCUA’s Office of Minority and Women Inclusion Director Monica Davy will then lead a panel of experts who will share insights on how to better support and preserve minority depository institutions.
Implement a Few Proven Security Measures to Deter Most Robbery Attempts
As long as financial institutions have existed, there been bank robbers—meaning that all credit unions regardless of asset size are tempting targets. In the latest issue NCUA’s monthly newsletter, the featured article by the Office of Continuity and Security Management examines how the implementation of a few well-proven security devices and measures can effectively deter or respond to most robbery attempts.