News Archives

NCUA should issue succession planning proposal as guidance

NCUA should issue succession planning proposal as guidance

CUNA supports the overall objective of NCUA’s succession planning proposal but feels the provisions would be more appropriate as guidance than regulation, it wrote to NCUA Monday. The proposal would require federal credit union [...]

Concentrated leadership a threat to survival

Concentrated leadership a threat to survival

The fate of most businesses is determined by owners or shareholders. Lacking shareholders, the fate of most credit unions is determined by a small group of insiders. Technically, boards still govern credit unions and are [...]

Gas prices hurting your wallet? Check out these tips!

Gas prices hurting your wallet? Check out these tips!

When gas prices increase, your wallet can feel the pinch. Fluctuating prices make it hard to budget. The following tips can help you save money whether prices are high or low. Drive wisely Observe the [...]

NCUA issues funding request to congress for CDRLF program

Stating that the National Credit Union Administration (NCUA) each year receives grant requests that exceed available resources, board Chairman Todd Harper is requesting that Congress provide $4 million in FY23 for the Agency’s Community [...]

NCUA’s advertising statement and websites

NCUA’s advertising statement and websites

The NAFCU compliance team has received several questions in recent weeks regarding whether a federally-insured credit union (ficu) can include the “official advertising statement” regarding share insurance in the footer on its website. for those [...]

How to win an Academy Award with your marketing

How to win an Academy Award with your marketing

The Academy Awards are this weekend, and it’s a good time to think about what makes award-winning marketing. This year for film, “West Side Story,” “Encanto” and “Dune” are just some of the potential [...]

Open offices in the context of the Great Resignation

Open offices in the context of the Great Resignation

Few workplace design topics are as divisive as the debate between open offices and more traditional offices. Data suggests that open offices are an overwhelming success, with 89% of the highest performing workplaces having an [...]

A part, not apart

A part, not apart

This quote, “A Part, Not Apart”, was on a water bottle I recently purchased from REI, and at first glance, I didn’t pay much attention to it. I bought it mostly for the cute [...]

Cyber attacks – are you ready?

Cyber attacks – are you ready?

Since the invasion of Ukraine, the U.S. federal government has been monitoring potential increased vulnerabilities for U.S. businesses and infrastructure. So far, the attacks have been focused on Russia and Ukraine including denial [...]

Effectively combating home appraisal bias

Effectively combating home appraisal bias

Over the past two years of the pandemic, we’ve seen heightened scrutiny from Congress and regulators regarding discrimination in the home appraisal process. While multiple factors have led to such scrutiny – including the inability [...]

NCUA issues CDRLF report to Congress

NCUA issues CDRLF report to Congress

NCUA released its 2021 Community Development Revolving Loan Fund (CDRLF) Report to Congress, highlighting the fund’s significant and positive impact on credit unions, their members, and their communities. A complete list of grant and [...]