News Archives

CUs stepping up to help in response to COVID-19 pandemic

CUs stepping up to help in response to COVID-19 pandemic

Credit unions make a difference when they’re needed most, including during the coronavirus disease (COVID-19) pandemic, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Friday. Donovan shared information on the [...]

House passes Phase 3 coronavirus relief

House passes Phase 3 coronavirus relief

Following Senate passage earlier this week, the House today passed the Phase 3 coronavirus relief package – the CARES Act – which includes several provisions for which NAFCU had advocated. The president is expected to sign it. [...]

Mortgage refis and a wild rate environment

Mortgage refis and a wild rate environment

Mortgage refinance requests are coming in at record rates. This type of volume was already causing significant backlogs for some. The complexity just increased now that many businesses are practicing social distancing and the Fed [...]

Back to the . . . status quo?

Back to the . . . status quo?

At the end of the classic film Back to the Future, Doc, Marty, and Jennifer are readying to take a trip to 2015. Concerned that Doc won’t have enough road to get up to [...]

Ease tough situations with humanity

Ease tough situations with humanity

Globally, we are facing a challenge right now with the coronavirus pandemic. Every day, there is more and more news about the impacts the virus is having on our health care system, economy, and communities. [...]

Federal regulators issue TDR guidance

Federal regulators issue TDR guidance

NAFCU continues to receive questions from credit unions as they navigate the challenges posed by COVID-19 and work to help their members who are adversely impacted. One common question is to what extent loan modifications [...]

Tips to keep leadership alive and well in uncertain times

Tips to keep leadership alive and well in uncertain times

Between trying to keep employees safe and healthy, keep business rolling, and offer members support during this trying time, there is no shortage of work needing to be done in this coronavirus pandemic. How can [...]