Syndicated

First off, I want to thank everyone who attended Engage 2023: NAFCU’s Annual Conference. It was fantastic to be back in-person and able to talk, collaborate, and strategize with so…

Members come to your credit union in large part forthe personalized, convenient experiencethat a traditional financial institution cannot provide. Digital services likeautomated loan decisioninghave quickly become a way for your…

While at a conference recently, a credit union CEO was discussing his credit union’s new online-only charter expansion with me. As he highlighted the new features the digital credit union…

CUNA Senior Economist Ligia Vado discusses the current conditions of the labor market in theJune 2023 CUNA Economic Update.    “In our most recent economic forecast for credit unions and the…

The Federal Open Market Committee (FOMC) yesterday releasedminutesfrom its June meeting, revealing the committee agrees that “inflation was unacceptably high” and that lowering inflation has been “slower than expected.” According…

Financial institutions are aggressively competing to attract deposits and savings accounts.Liquidity risk for credit unions, in particular, has been identified by theNational Credit Union Administrationas one of the biggest challenges…

About 88% of U.S. parents with children younger than 18 say it’s extremely or very important to them that their children grow up to be financially independent and have jobs…

People helping people. That’s the mantra of the credit union world, and credit unions channel that mantra into great acts of community service. But what if you’re missing those right…

Having successfully launched an unprecedented and remarkably influential technology, its visionary creator composed a significant letter that intensified the ethical and existential dilemmas associated with his groundbreaking innovation. It’s reasonable…

Realizing financial literacy is an important part of wealth-building or even functioning in today’s world, but its fundamentals have failed to be passed along equally to all Americans. Achieving the…

Digital banking account holders increasingly expect the convenience of instant peer-to-peer (P2P) transfers, which entail sending or receiving money from one of their accounts to another person or organization’s account.…

Credit union loans outstanding increased 0.7% in April, compared to a 0.8% increase in March 2023, and a 1.7% increase in April 2022, according to CUNA’s latest Monthly Credit Union…

Congress remains in recess this week and NAFCU continues to advocate on behalf of credit unions on top priorities, including interchange, the National Defense Authorization Act, credit union tax exemption,…

There are a few cultural facts about the workplace that can be considered universally true. First, labeling your food in a shared office fridge only sometimes stops that container of…

Who doesn’t love a good surf and turf meal? Probably a lot of people, but we’re not here to talk about restaurant menus. As you may know, lobsters shed their…

When it comes to digital transformation, executives at many banks and credit unions understand what needs to be done, but far fewer understand how to get it done. That’s not…

After being robbed three times in two weeks as a teller,David Reilingtook quite the interest in bank security. Now serving as the Chief Executive Officer, FinTech Leader, B Corp Advisor…

“Unprecedented”, a recurring theme since the pandemic hit over three years ago. Even though many of the financial crises our industry has seen recently tend to feel unprecedented, they are…

The back office is an integral part of any credit union that takes care of essential business functions. But it's often the least visible, most overlooked area when innovation projects…

While credit scores may have a central role in deciding who qualifies for a given financial product at specific terms, let’s face it – the current credit system works against…

Publisher’s Note: CUInsight is hosting a free webinar Wednesday, Wednesday, July 12, titled, “Speaking Military: Enhancing Credit Union Communication and Support for Military and Veteran Members” We hope you’ll join…

The CUNA HR & Organizational Development Council announced its executive committee and officers during the Council’s Annual Conference. This is a result of the most recent annual election by the…

It’s no secret the mortgage industry has seen its fair share of ups and downs over the past two years, with lenders navigating the shift from a hot to an…

It’s nearly July, which means the summer movie season is about to explode! One of the many big blockbuster flicks releasing next month is“Mission Impossible: Dead Reckoning.”This movie kicks off…