The hidden performance risk of prime credit tiers in an economic downturn
In the wake of the COVID-19 pandemic, lenders are looking to the past to determine the potential impact on their businesses. In the Great Recession from Q4 2007 to Q2 ...
The latest from John Pettit
NCUA releases proposed budget, comments due Dec. 11
NCUA’s proposed 2021–2022 budget is now available for review and comment. The proposed budget summary and detailed budget justification are available on the Budget and Supplementary Materials page ...
Berger in Morning Consult: Bipartisan reforms will unite our nation
With Congress set to tackle several key issues in the months ahead – including negotiations on another coronavirus relief package – NAFCU President and CEO Dan Berger penned an editorial in Morning ...
PODCAST: Insights on the 2020 election
Amid an extended and contentious 2020 election, the CUNA/league advocacy team had another successful campaign cycle, winning 97% of the more than 400 races it supported for candidates on ...
De-risk innovation with ‘pretotyping’
Credit unions are in the risk business. The whole organization is geared around managing the risks inherent in balance sheet alchemy. This is understandable as credit unions are entrusted with ...
Quick guide to open enrollment
Your annual benefits enrollment at work can seem like a daunting task, but it doesn’t have to be. Read on for a quick explanation of some of the benefits ...
Working with borrowers hit hard by financial hardship
It’s been a tough year for millions of families. The coronavirus and subsequent social distancing measures put in place to help slow the spread of the disease caused major ...
How to create an environment receptive to feedback
We use the end of the year as a time to reflect on how we’ve progressed – the goals we’ve hit, areas we’ve struggled – and identify how we ...