News Archives

MBL changes would provide $5B for businesses, create 50K jobs

MBL changes would provide $5B for businesses, create 50K jobs

Credit unions can bring billions of dollars into the economy with no cost to the government, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Monday. Donovan highlighted how Congressional changes to [...]

Lending Perspectives: COVID-19 next wave

Lending Perspectives: COVID-19 next wave

As I write this, it’s been about two months since the sports world seemingly set the precedent for the U.S. economy by shutting down operations, setting the stage for an episode that has [...]

Things we’ve learned from quarantine

Things we’ve learned from quarantine

Social distancing has been easy for only a few of us. For most, it’s been… difficult. Many of the CU 2.0 team have replaced a social life and recreational activities with work. It’[...]

Credit losses and credit risk review systems

Credit losses and credit risk review systems

Happy Monday, compliance friends! As explained in a previous blog, the National Credit Union Administration (NCUA) signed on to an interagency policy statement on allowances for credit losses. The statement intends to promote consistency in [...]

House passes latest phase of COVID-19 relief legislation

House passes latest phase of COVID-19 relief legislation

The House passed the HEROES Act 208-199 Friday night, the latest proposal to provide relief from the coronavirus disease (COVID-19) pandemic. CUNA supports several provisions in the bill and has concerns with others. “House passage [...]