Indemnification for the Board of Directors
Part of a credit union’s day-to-day involves both defending itself from and the filing of lawsuits. From pursuing judgments in general district court to...
Labor Force Participation: Where Have All the Workers Gone?
Curt Long, NAFCU Chief Economist and Vice President of Research
If you talk to any CEO about their organization’s biggest challenges, it will not take...
How Important Changes to HMDA Impact Reporting
Over the last few waning months of 2022, several changes were made to the thresholds for determining applicability under the Home Mortgage Disclosure Act...
The Power of a Dollar
Jama Campbell, SECU Foundation Executive Director
For almost 20 years, members of State Employees’ Credit Union (SECU) have exemplified the cooperative spirit of the credit...
The Liquidity Bullwhip
Curt Long, NAFCU Chief Economist and Vice President of Research
A feature of the COVID economy has been sudden, sharp changes in critical areas. The...
Access to Federal Credit Union Records
Credit unions are required to keep records and meeting minutes, but some federal credit unions (FCUs) may not realize that members have a right...
Breaking Down the CFPB’s Revised Examination Procedure Guide
On March 16, 2022, the Consumer Financial Protection Bureau (CFPB or Bureau) published a revised examination procedure guide (Guide) for unfair, deceptive, or abusive...
The Electric Vehicle Revolution
Since the earliest days of the COVID-19 pandemic, economists have been speculating about the ways in which the post-pandemic economy might be permanently altered....
A Mid-Year Review of NCUA’s 2022 Supervisory Priorities
On January 18, 2022, the National Credit Union Administration (NCUA) issued Letter to Credit Unions 22-CU-02, which sets out the agency’s supervisory priorities for...
2022 Litigation Outlook
By Sheryl S. Jackson
The size of settlements for claims against credit unions over the past few years are significant. Three examples include: $1.8 million...
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