Photos: CUNA CFO Council Conference Underway

Conference draws nearly 500 attendees to Las Vegas.

May 20, 2014
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Too many CUs adopt “delay and pray” accounting by waiting too long to write off bad loans and  investments, said Brian Smith-Vandergriff, managing director for CNBS and a CU director.

“This doesn’t serve members well,” he said. “CUs need to recognize their losses and move forward.”

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