News Archives

What is the biggest risk?

What is the biggest risk?

A few years ago, I attended NAFCU’s Risk Management Seminar. At the time, a speaker posed an excellent question. What is the biggest risk you see looming for credit unions? One of the panelists [...]

Credit union-supported candidates see primary wins in Wis., Neb.

Credit union-supported candidates see primary wins in Wis., Neb.

Candidates backed by America's credit unions saw primary election victories in competitive races across Wisconsin and Nebraska during Tuesday’s elections. State Sen. Tom Tiffany (R) won 58% of the vote in the state’s [...]

What CUs need to know as forbearance requests increase

What CUs need to know as forbearance requests increase

House Democrats Tuesday unveiled their Phase 4 coronavirus relief package – the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act – which includes several amendments to provisions of the CARES Act related to mortgage forbearances. As [...]

UDAAP shark in the water!!

UDAAP shark in the water!!

We’ve all seen Jaws and other shark movies. A group of swimmers are enjoying a day at the beach, swimming in the ocean, blissfully unaware of the danger lurking below. The trailers for these [...]

Reboot don’t redo

Reboot don’t redo

“How do you know if you’re making the right move?” That was the question Yvon Chouinard was asked several years ago at a conference. His response: “It’s a lot of gut instinct. If [...]

Faster payments: The time is now

Faster payments: The time is now

When it comes to supporting the latest payment forms on behalf of members, credit unions have several new options – each of which comes with its own set of challenges. Decades-old technology like checks, wire transfers [...]