Following itsOctober budget proposaland subsequent commenting period, the NCUA Board has approved the2024-2025 and Central Liquidity Budgets. In October, the NCUA had proposed a substantial increase to its Operating budgets…
For most people, January is a time to prepare for the year ahead. The most popular way to do that is by making New Year's resolutions, but people also like…
The 2024 Retail Banking Crystal Ball research project gathered input from large global and national banks as well as regional banks, community institutions, credit unions, fintech firms, vendors and advisors…
This week, the House is on holiday recess and will return in 2024, while the Senate is in Washington to focus on its remaining items for the end of the…
Rivermark Community Credit Union, Beaverton, Oregon, is both proud and excited to be one of only three credit unions in the country to be selected in June 2023 to participate…
This article contains references to sports, science, and business—three of my passions in life. As a high-performing athlete, my club consistently and without question offered my peers and me access…
Thanks to my mobile devices, the internet, apps and embedded payments, I can book airline tickets while waiting for a Zoom call to start, shop for holiday gifts while in…
Like it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transform the way firms do business. To be clear, artificial intelligence, like…
Core Consulting is a service that provides credit unions the opportunity to work with a subject matter expert to maximize their use of the Jack Henry™ Symitar®core. Business Continuity Planning…
America's older population has expanded immensely in recent decades, and a rising share of them are working far past the traditional retirement age of 65. In fact, a new study…
Financial institutions have an opportunity to expand their relationships with small and midsize businesses by advising them on key operational issues where they need help, according to a study by…
The NCUA Board adopted a final 2024-2025budgetat its Thursday meeting. The approved budget isroughly $8.8 millionlower than the proposed 2024 budget.Specifically, compared to the proposed budget, the final 2024 budget…
“Industry results from the third quarter show that in terms of immediate safety and soundness concerns, the industry is in solid shape. That is exemplified by the fact that the…
As lawmakers continue to debate sweeping changes to credit card network requirements, the immediate focus for financial institutions has shifted toward aFederal Reserve proposalthat would cut into revenue tied to…
Financial institutions today face a fast-rising level of competitive challenges to growing the right members, remaining relevant to consumers (especially younger audiences), and building stellar brand experiences in channels that…
All financial institutions, whether banks, credit unions, or neobanks, must adapt swiftly to emerging payment trends. One monumental shift has been the move towards digital, integrated, and instant transaction processing.…
Members of CUNA and NAFCU have trusted our organizations with the responsibility of transforming into something bigger and better than before: America’s Credit Unions. That includes making unparalleled educational opportunities…
When you think of credit union marketing, what comes to mind? Probably multi-channel campaigns, community events, direct mail going out to hundreds of people, maybe even some billboards…and those are…
There has been a lot of noise around return-to-work efforts. The decision that “all” employees need to return to the office three to five days per week is either being…
The2022 Credit Union Diversity Self-Assessment Results Reportis now available. In 2022, 481, or 10% of all credit unions, submitted a self-assessment. The figure represents an all-time high for submissions to…
As stated in section 203 of the March 1990Investment Securities Comptroller’s Handbook, an investment account should contain some securities that may be quickly converted into cash by immediate sale or…
The Federal Open Market Committee (FOMC)concludedits two-day meetingyesterday, where the committee maintained the target range for the federal funds rate between 5.25 to 5.5 percent for the third time. The…
Top organizations nationally seek highly effective chief executive officers (CEOs) who do these five things. 1. Challenge the status quo CEOs are responsible for more than just maintaining the success…
Both the House and Senate have passed the 2024 National Defense Authorization Act (NDAA) and it is on its way to the President’s Desk. We are happy to report there…