News Archives

NCUA finalizes FOM rule reinstating vacated portions of rule

NCUA finalizes FOM rule reinstating vacated portions of rule

NCUA finalized its latest field-of-membership rule Thursday at its board meeting, re-instating portions of the rule vacated in March 2018 by a U.S. District Court Decision. Those portions of the rule were upheld by [...]

Fed holds rates, notes slowing economic activity

Fed holds rates, notes slowing economic activity

The Federal Open Market Committee (FOMC) Wednesday maintained the federal funds target rate near its current range of 0 to 0.25 percent. The committee noted it "expects to maintain this target range until it [...]

Reading the room

Reading the room

Several years ago, Deedee Myers, Ph.D.—CEO of CUESolutions Silver provider DDJ Myers Ltd., a Phoenix-based firm providing executive search/recruitment, strategic organization and leadership consulting services—looked at her company’s placement data. [...]

Alternative appraisal options during coronavirus disruptions

Alternative appraisal options during coronavirus disruptions

COVID-19 has created unique challenges for the home appraisal process—nationwide shelter-in-place orders and social distancing guidelines have made it difficult for appraisers to do on-site inspections, which means that turnaround times and appraisal fees [...]

Learning the process – procurement

Learning the process – procurement

Procuring labor and materials is one of the most challenging aspects of project management, but in the procurement process are opportunities to mitigate cost and scheduling risks, find the best value for materials and labor, [...]

Drive-thrus and digital delivery: Helping members adapt

Drive-thrus and digital delivery: Helping members adapt

This spring, a pair of similar-sized credit unions — one in the big city suburbs and one in a smaller-town setting — faced a challenge familiar to many credit unions across the country. Arlington Community Federal Credit [...]

Truth and knowledge come from data

Truth and knowledge come from data

When historians look back on 2020, I believe they’ll observe a shocking disruption in society’s evolutionary patterns. Lessons it would have taken years to learn were discovered nearly overnight. Acceptance of new ideas [...]

Learning for the long haul of this pandemic

Learning for the long haul of this pandemic

Many people thought the pandemic’s disruption would be short-lived. When many credit unions closed their branches this spring, few dreamed that reopening them would happen at a time when the number of virus cases [...]

HEALS Act would provide PPP liability protection

HEALS Act would provide PPP liability protection

The Senate Republican COVID-19 relief legislation unveiled this week, the HEALS Act, contains CUNA-supported liability protection, as well as other Paycheck Protection Program reforms. The House passed its COVID-19 relief bill, the HEROES Act, in [...]

CFPB seeks feedback on preventing discrimination

CFPB seeks feedback on preventing discrimination

The CFPB Tuesday issued a request for information (RFI) related to the Equal Credit Opportunity Act (ECOA) and Regulation B to ensure a regulatory environment that expands access to credit and ensures all consumers and [...]

How COVID- 19 has impacted mental health spending

How COVID- 19 has impacted mental health spending

There’s no way around it—2020 has been a stressful year. Between increased health anxieties over the global coronavirus pandemic, adjusting to shelter-in-place orders, transitioning to work-from-home and learning to navigate remote learning while [...]