News Archives

Access to financial records must balance benefits, risks

Access to financial records must balance benefits, risks

CUNA called on the Consumer Financial Protection Bureau (CFPB) to ensure all users of consumer financial data comply with consumer data protection requirements in a letter sent Thursday. CUNA sent comments in response to an [...]

NAFCU flags opportunities as House committee explores COVID-19 response

NAFCU flags opportunities as House committee explores COVID-19 response

Ahead of today's House Financial Services Committee hearing to discuss the response to the coronavirus pandemic and ensure consumers have the resources and relief needed to recover from inflicted financial difficulties, NAFCU's Brad Thaler highlighted [...]

ALM rebalancing act

ALM rebalancing act

Credit unions are moving through 2021 with skewed balance sheets, asset/liability mismatches and pinched net worth after the turbulent and disruptive but survivable hurricane called 2020. The experience varied from CU to CU, from [...]

Inherent risk is always dynamic

Inherent risk is always dynamic

As the business landscape continues to evolve, accelerated by the coronavirus (COVID-19) pandemic, many credit union executives have revenue generation and cost containment at the forefront of their minds. There tends to be less appetite [...]

Houses passes budget resolution

Houses passes budget resolution

The House passed its budget resolution Wednesday evening by a vote of 218-212. The House and Senate Budget Resolutions begin the process of Budget Reconciliation by which Congress will likely consider the next COVID-19 stimulus [...]