By Michael Gerbick, President, Young & Associates On Thursday, November 7, 2024, Jerome Powell and the FOMC (Federal Open Market Committee) announced a 25 basis point (bp) interest rate reduction...
How Technology Shapes the Future for Community Financial Institutions By Ollie Sutherin, Chief Financial Officer, Young & Associates The challenges posed by the COVID-19 pandemic are no surprise to anyone...
By William J. Showalter, CRCM, Senior Consultant, Young & Associates Financial institution supervisory agencies view a formal process for managing complaints from bank customers as an important element in an...
By Jerry Sutherin, CEO at Young & Associates Despite having limited requirements as defined by interagency guidance, the case can be made for requiring community financial institutions to have regular...
By Mike Detrow, CISSP, Director of IT & IT Audit, and Noah Lennon, CISA, Consultant, Young & Associates Emerging trends in technologies, such as cloud computing and artificial intelligence, have...
By Jeanette McKeever, CCBIA, Director of Internal Audit, Young & Associates In today’s financial landscape, banks and credit unions increasingly rely on third-party vendors to meet regulatory demands, leverage technological...
By Mindy Shadoin, Consultant, Young & Associates On March 15, 2024, Nacha announced significant updates to ACH (Automated Clearing House) Rules, aimed at enhancing fraud management and improving the recovery...
Young & Associates’ Expert Shares Insights on Compliance Training William Showalter, CRCM, CRP, a Senior Consultant with Young & Associates, was recently featured in an issue of In Touch Magazine,...
By: Michael Gerbick, President at Young & Associates Interest rate risk (IRR) is the exposure of a bank or credit union’s current or future earnings and capital to adverse changes...
By: Bill Elliott, CRCM, Director of Compliance Education at Young & Associates There is no question that laws and regulations materially change the way banks do business. The recent new...
