News Archives

St. Valentine’s Day Massacre

St. Valentine’s Day Massacre

Friday, February 14, 1992 started out like any other day, full of promise. I had no idea it would become the biggest test of my career, when late that afternoon we began to receive calls [...]

FHFA issues policy statement on fair lending

FHFA issues policy statement on fair lending

The Federal Housing Finance Agency (FHFA) issued a Policy Statement on Fair Lending communicating its "commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac (the Enterprises), and the Federal Home Loan Banks" and [...]

NAFCU issues Final Reg on NCUA’s capitalization of interest rule

NAFCU issues Final Reg on NCUA’s capitalization of interest rule

NAFCU Thursday sent a Final Regulation Alert to members breaking down the NCUA’s final rule that ends the prohibition against the capitalization of interest in connection with loan workouts and modifications. The association's Final [...]

Field of membership expansion in 2020: Behind the numbers

Field of membership expansion in 2020: Behind the numbers

2020 is no doubt a year most would prefer to soon forget, yet amid so much darkness bright spots could be found within the credit union industry as many institutions found ways to strategically expand [...]

Marking the halfway point of 2021

Marking the halfway point of 2021

“All we have to decide is what to do with the time that is given us.” - Gandalf We are officially at the halfway point of 2021 (depending on when you read this post). July [...]

Is cryptocurrency worth the risk?

Is cryptocurrency worth the risk?

As referenced in Part I and Part II of my blog series earlier this year, the rapidly evolving nature of cryptocurrency has led credit unions to explore its impact on the future of payments, real-time [...]