News Archives

Federal funding legislation, inflation hearing this week

Federal funding legislation, inflation hearing this week

The House and Senate this week will work on passing legislation to fund the remainder of the 2022 fiscal year. Funding for the federal government and the National Flood Insurance Program is scheduled to expire [...]

Who benefits from outsourced indirect auto lending?

Who benefits from outsourced indirect auto lending?

With everything that’s going on these days—from rising interest rates to the Great Resignation—credit unions are well served by solutions that solve problems on multiple fronts. Thelma Matthews, assistant VP/lending production [...]

Credit unions turn to technology to enhance services

Credit unions turn to technology to enhance services

In the 2020 NAFCU Report on Credit Unions, over 94% of survey respondents reported that IT will drive spending into 2023. When asked to identify the most likely provider for their planned investments, national vendors [...]

On the compliance horizon: The end of LIBOR

On the compliance horizon: The end of LIBOR

An upcoming challenge for credit unions is the 2023 finale of the U.S.-dollar London Interbank Offer Rate, historically one of the most popular indexes for adjustable-rate loans, which has also played a role [...]

Focus on financial well-being to lower risk, increase brand loyalty

Focus on financial well-being to lower risk, increase brand loyalty

The Foundation partnered with Pelican State Credit Union, a Certified Community Development Financial Institution, to compile a research brief, documenting the credit union’s Financial Wellness Program from 2019 to 2021. Originally launched in 2006, [...]

HMDA thresholds continued: The partial exemption

HMDA thresholds continued: The partial exemption

Recently we blogged about the Home Mortgage Disclosure Act (HDMA) and the reporting thresholds found in Regulation C. Today, we’ll focus on another set of thresholds in Regulation C – those which determine whether a [...]