At its February meeting last week, the National Credit Union Administration (NCUA) Board approved a final rule that provides federally insured credit unions (FICUs) with more flexibility in determining when a share account can be [...]
"New political winds are blowing in our nation's capital and NAFCU is adjusting its sails to propel our advocacy efforts forward," said NAFCU’s Carrie Hunt in a new Credit Union Times op-ed. "With change [...]
Existing-home sales rose 0.6 percent in January to a seasonally-adjusted rate of 6.69 million units, representing a 23.7 percent increase in sales versus a year ago. However, in a new Macro Data [...]
Happy Monday! My husband and I are obsessed with HBO Max show, The Great Pottery Throw Down, so we decided to take a 10-week pottery class. It is a lot harder than it looks in [...]
As the NCUA Board Thursday received a quarterly briefing on the National Credit Union Share Insurance Fund (NCUSIF), Chairman Todd Harper said the fund is the agency's top priority for 2021 as it works to [...]
I hate banks. I have an old Chase credit card that I have had since my college days that I just keep for emergencies. I never use it. It never had a fee. Well Chase’[...]
As leaders, we are constantly analyzing what we could be doing better – developing new ideas and cultivating new strategies – especially at the start of a new year or new quarter. We intensely focus on putting [...]
Ahead of today's Senate Banking Committee hearing to discuss the response to the coronavirus pandemic and relief needed to recover from ongoing circumstances, NAFCU's Brad Thaler highlighted tools and flexibilities that will allow credit unions [...]
The NCUA Tuesday released 2020 audit opinions for its four funds, which all earned "clean" opinions. Of note, the National Credit Union Share Insurance Fund (NCUSIF) equity ratio stood at 1.26 percent as of [...]
Acting Director of the Consumer Financial Protection Bureau (CFPB), Dave Uejio, has recently sent letters to the different divisions of the bureau to outline his vision for the agency’s focus and priorities. We’ve [...]
As the NCUA considers a proposed rule to remove the 45-day limit in its requirements for an overdraft policy in the agency's lending rule, NAFCU's Elizabeth LaBerge offered the association's support for "replac[ing] this [...]
The NCUA Board next week is set to issue a final rule on joint ownership share accounts, providing parity with changes made for banks by the FDIC in 2019. NAFCU has previously offered support for [...]
While we create strategic plans and identify opportunities to pursue down the road, the coronavirus pandemic forced us to adapt and make changes a lot more quickly than we typically plan. Our business models and [...]
CFPB Acting Director Dave Uejio yesterday shared his vision for the bureau's Division of Consumer Education and External Affairs (CEEA) as it works to implement his policy priorities. Uejio has said providing relief to consumers [...]
In response to the NCUA's proposed rule to modernize the definition of a "service facility" for multiple common bond (MCB) federal credit unions (FCUs), NAFCU Senior Regulatory Counsel Elizabeth LaBerge shared the association's support of [...]
