Michael Edwards

Feb 6, 2024 | cuinsight.com | Michael Edwards |Randy Pennington |Armstrong Speakers

The Treasury Department’s new initiatives to promote financial inclusion and responsible lending should benefit credit unions so long as the industry engages Treasury to express its views.

Oct 19, 2023 | clinicalleader.com | Peter H. Calcott |Daniel Eisenman |Charles Chrisawn |Michael Edwards

Medidata has a seat at the table where regulatory change happens. Our input helps accelerate your innovations into the marketplace. FDA Introduces Quality Management Maturity ProgramThe FDA program, described in a recent CDER document, is a next logical step to drive better quality, more predictable outcomes, and supply chain assurance.

Aug 24, 2023 | cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring |Michael Edwards

5 minutes The details of the new rule that’s set to go into effect Aug. 25 will likely be sorted out during litigation. The National Credit Union Administration Board in July 2023 issued a final rule updating the federal credit union bylaws to implement the Credit Union Governance Modernization Act of 2022’s new option allowing boards of directors of federal credit unions to expel members “for cause” by a two-thirds vote.

Aug 22, 2023 | cumanagement.com | Richard H. Gamble |Morris Morrison |Stephanie Schwenn Sebring |Michael Edwards

6 minutes Understand these three fundamentals for successful credit union oversight. All credit unions have governance, but does yours have good governance? Here are the three keys to cultivating good governance and effective risk-management at your credit union. Section 701.4 of National Credit Union Administration regulations and the standard federal credit union bylaws give the boards of directors of FCUs the general direction and control of the credit union.

May 25, 2023 | cuinsight.com | Michael Edwards

In December, the National Credit Union Administration board issued a proposed rule entitled Financial Innovation: Loan Participations, Eligible Obligations, and Notes of Liquidating Credit Unions that should, once finalized, make it easier for credit unions to partner with financial technology companies in indirect lending relationships.