CUNA News Archives

New Mexico, Maryland see CU-supported candidates win in primaries

New Mexico, Maryland see CU-supported candidates win in primaries

Credit Union Legislative Action Council (CULAC), CUNA’s federal political action committee, and its League partners supported 39 candidates from eight states during Tuesday’s primary elections, most of which won their respective party nominations [...]

‘Doubling down’ for members, staff

‘Doubling down’ for members, staff

As coronavirus (COVID-19) restrictions create challenges for U.S. workers, Hope Luberda is thankful she works at St. Cloud (Minn.) Financial Credit Union. And she wants everyone to know it. Luberda, a mortgage processor at [...]

Insights from CUNA to benchmark your training

Insights from CUNA to benchmark your training

The COVID-19 pandemic quickly changed how credit unions operate, including the skillset needed for credit union professionals to excel in their roles. By observing your peers and benchmarking the ways they are successfully training their [...]

NCUA to host Bank Secrecy Act webinar June 17

NCUA to host Bank Secrecy Act webinar June 17

Credit unions will receive information on best practices in Bank Secrecy Act programs and avoiding pitfalls from non-compliance during an NCUA webinar,  “The Bank Secrecy Act: Review and Reminders,” scheduled for June 17. This 90-minute [...]

Credit scores: ‘The calm before the storm’

Credit scores: ‘The calm before the storm’

The economic effects of the COVID-19 pandemic are not yet reflected in consumer credit scores, according to Craig Wilson, senior director of consulting decision analytics at Experian. However, he describes this nondevelopment as “the calm [...]

CFPB taskforce should examine impact of rulemaking

CFPB taskforce should examine impact of rulemaking

The Consumer Financial Protection Bureau’s (CFPB) Taskforce on Federal Consumer Financial Law should look closely at how the CFPB’s rules have impacted credit unions, CUNA wrote to the CFPB Monday. The CFPB is [...]

NCUA updates offsite examination and supervision approach

NCUA updates offsite examination and supervision approach

NCUA’s latest Letter to Credit Unions (20-CU-17) provides an update to the agency’s offsite examination and supervision approach due to the ongoing coronavirus disease (COVID-19) pandemic. According to NCUA, the changes to NCUA’[...]

$10B of PPP funding set aside for CDFI lending

$10B of PPP funding set aside for CDFI lending

The Small Business Administration (SBA) announced Thursday it is setting aside $10 billion of Paycheck Protection Program (PPP) Round 2 funding to be lent exclusively by Community Development Financial Institutions (CDFIs). CDFIs work to expand [...]

Assisting vulnerable populations

Assisting vulnerable populations

Some of the people who have been hit hardest by the coronavirus (COVID-19) pandemic are also those who have the least amount of resources and funds available to them. Point West Credit Union in Portland, [...]

CUNA’s van Rijn discusses coronavirus loans with Forbes

CUNA’s van Rijn discusses coronavirus loans with Forbes

Around 80% of credit unions are offering some form of new loan for their members, CUNA Senior Economist Jordan van Rijn told Forbes recently for an article on coronavirus hardship loans. The article notes that [...]

MED5 FCU kick-starts community mask initiative

MED5 FCU kick-starts community mask initiative

A South Dakota credit union CEO has leveraged a single donation into a community effort to provide supplies for frontline workers battling the coronavirus (COVID-19). Pam Brown-Graff was watching the local evening news April 5 [...]

Arkansas Governor thanks CUs for meeting member needs

Arkansas Governor thanks CUs for meeting member needs

Arkansas Governor Asa Hutchinson thanked credit unions for their work on behalf of communities across the state, particularly with so many impacted by the coronavirus disease (COVID-19) pandemic. Hutchinson has served as governor since 2015. “[...]

Economic Update examines COVID-19 impact on CU members

Economic Update examines COVID-19 impact on CU members

CUNA’s latest Economic Update video addresses the impact of the coronavirus disease (COVID-19) pandemic on consumer financial well-being and credit unions’ response. During the presentation, CUNA Senior Policy Analyst Samira Salem discusses recent Morning [...]