Federal regulators issue TDR guidance
NAFCU continues to receive questions from credit unions as they navigate the challenges posed by COVID-19 and work to help their members who are adversely impacted. One common question is ...
The latest from John Pettit
Tips to keep leadership alive and well in uncertain times
Between trying to keep employees safe and healthy, keep business rolling, and offer members support during this trying time, there is no shortage of work needing to be done in ...
CU members to benefit in latest coronavirus bill
Through direct CUNA and League advocacy, credit unions will be able to better serve their members affected by the latest coronavirus disease (COVID-19) relief legislation. The bill, passed by the ...
Berger to NCUA: Grant CUs urgent capital flexibility, bank parity
NAFCU President and CEO Dan Berger Wednesday urged the NCUA to grant credit unions “additional capital flexibility to address the economic crisis” and provide parity with banks in light of ...
On Compliance: NCUA second chance rule expands credit unions’ talent pool
In November 2019, the National Credit Union Administration finalized an updated interpretive ruling and policy statement called the Second Chance IRPS. This liberalizes the ability of federally insured credit unions ...
Outreach during the outbreak
Credit unions are taking to social media to share information with members during the COVID-19 outbreak. Rather than relying solely on words, Signal Financial Federal Credit Union in Kensington, Md., ...
3 COVID-19 fraud schemes to watch out for
As businesses and consumers continue to quickly adapt to the arrival of COVID-19 unfortunately, so are fraudsters. The Department of Justice (DOJ), World Health Organization (WHO), and FBI have all ...
COVID-19: The CU volunteer & business lending perspective
I’m so fortunate at the Foundation to have a board that is truly diverse in its representation of our credit union system. I have credit union executives, system partners, ...