More about Joshua Juergensen
Joshua Juergensen is a principal with CLA. He works with banks and credit unions nationwide, managing audit engagements, directors’ exams, external loan file reviews, internal audits, and other consulting services.
Blog Posts by Joshua Juergensen:
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CLA to Instruct Vendor Management Seminar for ICBA
In a financial environment wrought with strong enforcement actions, rising regulatory expectations, and massive data breaches, community banks must understand and manage a secure network of relationships to ensure customer data, bank transactions, business activity, and shareholders are protected. Relationships with third-party vendors are commonplace and many provide a strategic advantage; however, the rewards aren’t […]
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Republicans Issue Much Anticipated Tax Reform Plan
The Trump administration in coordination with the House Ways and Means Committee and Senate Committee on Finance released their much anticipated tax reform plan. Though the plan remains sparse on details, the document includes several provisions that may impact financial institutions .
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Regulatory Agencies Issue FAQs on CECL
An inter-agency statement was jointly issued by the FDIC, OCC, FRB, and NCUA answering many of the frequently asked questions surrounding the new credit loss model, commonly referred to as CECL.
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Banks Can Now Submit Annual Reports Electronically
On October 25th, the FDIC issued FIL-71-2016, granting depository institutions the ability to file annual reports and other reports and notices required under Part 363 electronically through the FDIC’s secure website, FDICconnect (FCX), rather than in paper form. This is applicable to all institutions with assets greater than $500 million in total assets.