Day 1 action at the Compliance & Legal Conference

John Bagyi, SPHR, SHRM-SCP of Bond, Schoeneck & King kicked off the New York Credit Union Association’s Compliance and Legal Conference with a an informatative labor & employment law update infused with his unique sense of humor, and later provided attendees with “HR Hacks You’ll Wish You Knew Sooner.”
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New ‘simplified’ tool aims to help CUs comply with CECL standards

The NCUA on Wednesday, in a letter to credit unions, announced a new tool aimed at helping smaller-asset credit unions comply with the Financial Accounting Standards Board’s accounting standard on current expected credit loss, or CECL, which goes into effect for most credit unions at the start of 2023.

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