News Archives

Bill with CDRLF funding, increased CDFI Fund passes subcommittee

Bill with CDRLF funding, increased CDFI Fund passes subcommittee

The House Appropriations subcommittee on financial services and general government passed its legislation for fiscal year 2020 Monday night, legislation with several important credit union priorities addressed. The House Appropriations Committee is expected the begin [...]

House passes disaster aid bill, extends NFIP to Sept. 30

House passes disaster aid bill, extends NFIP to Sept. 30

The House Monday approved the Senate's disaster aid package, which extends the National Flood Insurance Program (NFIP) to Sept. 30. The program was previously set to expire May 31, but, ahead of the deadline, Congress [...]

A very different CU construction project

A very different CU construction project

At its newest branch downtown here, cPort Credit Union features something unlike any other CU branch in the country–a luxury, $2-million condominium that occupies the two floors above it. It may be one of [...]

Pen Air recaptures its way to auto loan growth

Pen Air recaptures its way to auto loan growth

Pen Air Federal Credit Union ($1.5B, Pensacola, FL) has captured the loyalty of thousands of members in the three years since it rolled out an auto finance recapture program that knocks up to 2 [...]

Hurricane season has started – let’s be prepared

Hurricane season has started – let’s be prepared

Happy June everyone! This marks not only being half-way through the year (how did that happen?!) but also the start of something very important – hurricane season. Officially, the Atlantic hurricane season starts on June 1 [...]

Americans need a ‘Fitbit’ of banking

Americans need a ‘Fitbit’ of banking

In a recent survey, the Financial Health Network asked financial services executives about their organizations' most important strategic priorities. The second most-frequently mentioned priority--cited by seven in 10 banks and credit unions--was "improving customer financial [...]

What to watch in compliance

What to watch in compliance

NAFCU's compliance team works daily to offer award-winning compliance assistance and services to all federally insured credit unions, helping keep compliance teams up to date on regulatory hot topics. One of the signature resources that [...]