News Archives

Fighting the FUD factor

Fighting the FUD factor

Financial regulation in the United States dates back to the Declaration of Independence when the fledgling states set limits on loan rates, and for the first two centuries of the country’s existence regulatory change [...]

NCUA board briefed on PCA rule, cybersecurity trends

NCUA board briefed on PCA rule, cybersecurity trends

NCUA’s Interim Final Rule published Monday is designed to ensure that federally insured credit unions remain operational and liquid during the COVID-19 pandemic, according to NCUA staff. Staff briefed the NCUA board on the [...]

SBA extends date for PPP loan increase requests

SBA extends date for PPP loan increase requests

Following the paycheck protection program's (PPP) extension to May 31, the Small Business Administration (SBA) has issued a new procedural notice for first-draw PPP borrowers seeking a loan increase. The notice clarifies that eligible borrowers [...]

Join the CU DEI Collective today

Join the CU DEI Collective today

Almost two years ago, the Credit Union system came together to form the CU DEI Collective, an organization devoted to advancing Diversity, Equity and Inclusion (DEI) in our industry.  As April is Diversity Awareness month, [...]

Five steps to avoid overdraft litigation

Law firms are targeting community banks and credit unions for their overdraft practices. While regulatory changes have been few in recent years, litigation is increasingly putting pressure on banking practices. Learn what the industry is [...]

Use data to help members better manage everyday spend

Use data to help members better manage everyday spend

The widespread economic challenges resulting from the pandemic have proven that most people aren’t planning for their financial futures in terms of years but rather in weeks or even days. In fact, the overwhelming [...]

A force for good in banking

A force for good in banking

Five years ago, Clearwater Federal Credit Union ($752.8M, Missoula, MT) was feeling the pressures of a mid-size shop. It wasn’t quite large enough to operate at scale, and its growth was limited by [...]