NAFCU News Archives

A brief refresher on credit card penalty fees

A brief refresher on credit card penalty fees

Over the past several months, credit unions have been working diligently to help members work through any financial challenges the pandemic has posed, including allowing members to skip credit card payments. But what happens when [...]

Guard against bad influences with strong culture

Guard against bad influences with strong culture

Leaders strive to hire the best employees. But occasionally, we make the wrong decision and an employee doesn't perform the way we expected. What's important to understand in these instances is how bad employees can [...]

Thaler: MBL relief will allow CUs to help more small biz

Thaler: MBL relief will allow CUs to help more small biz

NAFCU Vice President of Legislative Affairs Brad Thaler wrote to members of a House Small Business subcommittee ahead of its hearing today on how to kick start entrepreneurship and Main Street economic recovery to reiterate [...]

Lawmakers discuss diversity issues with FI regulators

Lawmakers discuss diversity issues with FI regulators

The House Financial Services Subcommittee on Diversity and Inclusion Tuesday held a hearing with representatives from various financial institution regulators, including the NCUA, and explored ways to ensure the financial services industry is representative of [...]

Maximize your lending success

Maximize your lending success

Lending can make or break a credit union—especially during a recession. Attend NAFCU's Virtual Lending Conference to learn everything you need to help keep your portfolio strong throughout the crisis, and even gain more [...]

Job gains expected to continue in coming months, NAFCU says

Job gains expected to continue in coming months, NAFCU says

According to the Bureau of Labor Statistics, jobs grew by 1.4 million in the U.S. in August. NAFCU Chief Economist and Vice President of Research Curt Long remarked on the “solid” report in [...]

Tips to alter your thinking to problem solve better

Tips to alter your thinking to problem solve better

For decades, leaders have adjusted business models as technology has improved our lives and disrupted the status quo. In this leadership blog, I constantly encourage innovation and risk taking to continue growing businesses. While this [...]

PPP report flags potential fraud, abuse

PPP report flags potential fraud, abuse

Following Tuesday's hearing with Treasury Secretary Steven Mnuchin, the House Select Subcommittee on the Coronavirus Pandemic released a preliminary analysis of the paycheck protection program (PPP), which found that "billions of dollars in PPP loans [...]

NCUA bans one from future work in FIs

NCUA bans one from future work in FIs

The NCUA in August issued one prohibition notice, prohibiting an individual previously associated with credit unions from any future participation in the affairs of a federally-insured financial institution. Violation of a prohibition order is a [...]

FHFA to hold listening sessions on GSEs’ capital proposal

FHFA to hold listening sessions on GSEs’ capital proposal

The Federal Housing Finance Agency (FHFA) will hold two public listening sessions – Sept. 10 and Sept. 14 – to gather additional feedback on its proposed rule to set capital requirements for the government-sponsored enterprises (GSEs). NAFCU [...]