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ICYMI: May-June NAFCU Journal offers insights on post-COVID remote work, compliance
The May-June edition of The NAFCU Journal is available on the association's virtual hub and includes several recurring columns featuring important industry trends and valuable insights from NAFCU and credit union leaders.
NAFCU Vice President of Research and Chief Economist Curt Long’s column, “The Bottom Line,” is the first of part of a three part series that discusses remote work following the coronavirus pandemic.
“Prior to the pandemic, remote workers were a small but growing part of the labor force. Based on surveys conducted by the Labor Department, it is estimated that just over 10 percent of workers teleworked one or more days per week prior to the pandemic,” writes Long. “That number jumped to nearly 40 percent in a Labor Department survey conducted in May 2020.”
In the column, Long analyzes the latest findings and estimates for post-COVID remote work.
Additionally, in this edition’s Compliance Central column, NAFCU Regulatory Compliance Counsel Loran Jackson dives into NCUA’s fair lending exams and what it means for credit unions.
Each edition of The NAFCU Journal also includes feature articles that offer credit unions a deeper look into the industry’s most important topics.
Featured in this issue:
- PPP Requires Quick Revamp of Processes
Teamwork to launch the SBA's COVID-relief program for small businesses results in new services and new members. - Fraud Trends Require Extra Attention
Alert branch staff, expanded monitoring and diligence mitigate risk. - Planning Ahead for the Unpredictable
Stress testing and scenario planning ensures faster decisions when needed.
Also find:
- From the Chair: A Trusted Resource for Your Compliance Needs
- Washington & Industry Briefs: Managing Risk to the Financial System
- Leadership Download: Consider These Big Ideas, Questions to Develop Strong Strategy
- Inside NAFCU Services: Expert Answers to Your Stress Testing Questions
- Management Insight: Social Entrepreneurship is the Antidote to COVID-19
- Executive Spotlight: Faheem Masood
- Industry Perspectives (sponsored content): Pandemic-Driven Mortgage Regulatory Challenges Persist in 2021
- From the President's Desk: Looking Ahead to a Prosperous Future
The virtual hub hosts The NAFCU Journal and provides credit unions with a user-friendly experience to explore the award-winning magazine's content.
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