By: Mike Detrow, CISSP, Director of IT & IT Audit at Young & Associates Due to the challenges of finding qualified employees to fill internal IT positions and the increased...
By: Mindy Shadoin, Consultant at Young & Associates On March 15, 2024, Nacha (previously the National Automated Clearing House or NACHA) approved 15 new Automated Clearing House (ACH) rule changes...
In the ever-changing landscape of financial services, cybersecurity emerges as a paramount concern for credit unions and their members. As regulatory scrutiny on information security intensifies each year, it’s essential...
By: Donald Stimpert, Manager of Secondary Market QC Services Fannie Mae’s recent revised forecast for 2024 and beyond unveils a nuanced projection that holds significance for community banks and credit...
By: Mike Detrow, CISSP The Bankers Electronic Crimes Taskforce, state bank regulators, and the United States Secret Service first released the Ransomware Self-Assessment Tool (R-SAT) in October 2020 as a...
By: Linda Fisher, Senior Consultant There is always a certain level of risk in lending, but construction loans are of even greater risk. The ultimate value of the collateral is...
By: William J. Showalter, CRCM, CRP There are changes that arrived with the new year of 2024 to Home Mortgage Disclosure Act (HMDA) compliance for banks and thrifts in many...
By: Edward Pugh, CAMS, CAMs-Audit, AAP, CFE Financial Institutions are increasingly relying on third parties for a broad range of products and services. Utilizing third parties can offer organizations significant...
In an era dominated by technology, the financial sector faces a growing menace in the form of cyberattacks. Credit unions, along with their members’ sensitive data, have become prime targets...
By: Jerry Sutherin, President & CEO of Young & Associates The landscape of commercial real estate (CRE) lending is shifting due to current economic events, presenting both challenges and opportunities...
