News Archives

Mortgage rates boost existing-home sales

Mortgage rates boost existing-home sales

Existing-home sales grew 2.5 percent during July, according to data from the National Association of Retailers. Following a steady decrease of sales from late 2018 into early 2019, NAFCU Chief Economist and Vice President [...]

On Compliance: Don’t slow down on CECL despite delay

On Compliance: Don’t slow down on CECL despite delay

This July, the Financial Accounting Standards Board unanimously voted to propose a delay for the implementation of the current expected credit loss standard for some institutions. This marks the second delay for credit unions, pushing [...]

PODCAST: A discussion with Rodney Hood

PODCAST: A discussion with Rodney Hood

During a recent CUNA News Podcast interview at the 2019 African-American Credit Union Coalition Conference in Charlotte, N.C., NCUA Chairman Rodney Hood discussed the need for financial inclusion, small credit unions, easing credit unions’ [...]

One size does NOT fit all in property valuations

One size does NOT fit all in property valuations

Lenders face a variety of challenges. When it comes to mortgage origination, some of those challenges include increased turn times and valuation costs. While it’s critical for lenders to demonstrate to regulators that they [...]

Hemp, opioid guidance issued

Hemp, opioid guidance issued

Two recently issued guidance documents, one from FINCEN the other from NCUA, are intended to provide assistance  to credit unions and other financial institutions in ensuring  that their BSA programs appropriately address the impact of [...]

Why your kid needs a Roth IRA

Why your kid needs a Roth IRA

Don’t you wish you started saving for retirement when you were 12? While retirement probably wasn’t something we were thinking about back then (I was probably still thinking about this), it sure could [...]

5 tips to up your public speaking game

5 tips to up your public speaking game

Comedian Jerry Seinfeld joked that because Public Speaking ranked higher than death on a list of fears, many would choose death over speaking in public. Consider the cost to your career or your organization if [...]

The blessing of impending doom…

The blessing of impending doom…

All companies do well.  Until they don't.  Most companies form around an idea.  That idea solves a problem. And people will pay for that idea. But time marches on, and problems morph.  That original idea [...]

Nussle talks CBO on CNBC’s closing bell

Nussle talks CBO on CNBC’s closing bell

CUNA President/CEO Jim Nussle appeared on CNBC’s Closing Bell Wednesday to discuss the 2019-2028 economic outlook released by the Congressional Budget Office (CBO). Nussle served as former director of the Office of Management [...]