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NCUA Trying to Simplify CECL Calculations

CECL. It’s a four-letter word that fills credit union officials with dread. It’s an accounting standard that few people understand that was issued by an accounting board nobody ever heard of. And like a pesky animal eating your petunias, all efforts to get rid of it...

CFPB Identifies Areas BNPL Has Caused Harm to Consumers

The buy now, pay later (BNPL) industry grew rapidly during the pandemic, but borrowers may have received uneven disclosures and protections, according to a new CFPB report. Five firms surveyed in the report originated 180 million loans totaling over $24 billion in...

Amazon Business

What is Amazon Business? Whether shopping for home or work, people value Amazon for its convenience, selection, and value. But credit unions have different needs than individual buyers. That’s why we created Amazon Business – to combine the selection, convenience, and...

Sen. Durbin Introduces Interchange Bill

Senator Dick Durbin (D-IL) and Senator Roger Marshall (R-KS) introduced S. 4674, the Credit Card Competition Act. The bill aims to apply the two-network and merchant routing choice requirements to credit card transactions that now apply to debit card transactions. The...

NEW! Amazon Business for Nebraska Credit Unions

The Nebraska Credit Union League is excited to announce Amazon Business for members. With Amazon Business, credit unions can access hundreds of thousands of sellers who offer business-only selection, quantity discounts, and time-saving features that help businesses...

Upcoming NCUL Events

Be sure to mark your calendars for the upcoming events listed below.  More information, calendar invites, and registration links will all be sent via email in the upcoming weeks.  For more information, contact Amy Shaw, ashaw@nebrcul.org. Omaha Resolute GroupSeptember...