Federal Regulators are required to submit Suspicious Activity Reports (SARs) to the Treasury for a number of different reasons and scenarios, but it all boils down to one: Fraud and Crime Prevention. In August 2018, a new sub-category was added…
C.U. Assets Grow at Breakneck Speed
The NCUA released its second quarter state-by-state Credit Union findings on Tuesday (9/15) proving that, yes, things are as crazy as they seem. The median asset growth at federally-insured credit unions during the 12 months ending June 30, 2020 was…
U.S. Banks & Credit Unions Prepare for the Worst
Coral Gables, Florida, September, 2020: BAUERFINANCIAL, Inc., the nation’s premier Bank and Credit Union rating firm, has newly released star-ratings available for all federally-insured U.S. banks and credit unions. After spending the better part of the last decade beefing up,…